Neak Oknha Chen Zhi Cambodia Prince Group
Neak Oknha Chen Zhi Cambodia is the Chairman of Prince Group, one of Cambodia's leading conglomerates with numerous businesses throughout the country. Prince Group has business interests in a variety of industries, including real estate, banking and finance, tourism, aviation, telecommunications, catering, logistics, lifestyle and entertainment, and many others.
Often referred to as Cambodia ChenZhi or Prince ChenZhi, this business visionary is of Chinese descent and later became a naturalized Cambodian citizen when he arrived in the country some years back. During this time, he met with Prime Minister Hun Sen.
Despite his extensive business interests in Cambodia, Prince Group's Chen Zhi seems to be maintaining a low profile aside from an official Twitter and LinkedIn account, which are most likely handled by his minders anyway.
More on Chen Zhi Prince Group? Follow his twitter or instagram accounts:
His interest in real estate via the subsidiary Prince Real Estate has resulted in the development of several projects in both Cambodian cities of Phnom Penh and Sihanoukville. These ventures paved the way for a 1 million-square-meter growth.
Prince Plaza Center, Prince Modern Plaza, Prince IT Building, and Prince City Center are a few examples. They are mostly currently under construction, but will be finished soon.
Belt Road Capital Management, Prince Bank, Cambodia Airways, Prince Supermarket, Awesome Global Investment Group, and Canopy Sands Development are all subsidiaries of Prince Group.
He is not only engaged in industry, but also in philanthropy.
2020 was Chen Zhi's year of philanthropy in Cambodian society. He had promised to donate $3 million to assist Cambodia in purchasing 1 million COVID-19 vaccines.
When the floods reached Cambodia, Chen Zhi provided assistance to the victims.
Chen Zhi is very particular about Environmental, Social, and Governance (ESG) issues and led Prince Group and its divisions in establishing various efforts on those fronts to the betterment of the Cambodian society. Read: Neak Oknha Chen Zhi and Prince Group Making Waves with Cambodia’s ESG Initiatives
He has made a generous donation to establish the Prince Horology Vocational Training Center, which provides various full and partial scholarship placements for talented Cambodian students.
Neak Oknha Chen Zhi seems to be especially excited about luxury watches, and he wants Cambodian-made watches to compete with those made in Switzerland and Japan.
There is a lot of resources on the internet talking about Cambodia Prince ChenZhi and Prince Group Cambodia, such as these numerous pages in the list below:
Chen Zhi and his commitment to ESG initiatives in Cambodia
Neak Oknha Chen Zhi is deeply committed to his commitment to Cambodia's environmental and social growth. They are part of the Prince Group's ESG projects, which he still directs from the top.
One of the ESG initiatives is the establishment of the Prince Manor Resort, which will be used to raise awareness about sustainable agriculture in Cambodia.
Chen Zhi Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier in 2020. It will sow the seeds of change in Cambodia by allowing Cambodians to learn modern farming techniques.
One of the main attractions at Prince Manor Resort is the Ecological Agricultural Plantation, which is a cutting-edge agricultural hub at a new real estate development. Prince Manor Resort, which opened in October, is a 136,000-square-meter international eco-resort.
Visitors to the resort will be able to learn about sustainable agricultural practices and how new technology is used and handled by various agriculture experts from foreign and Cambodian teams. The 10,000 square meter plantation, for example, has a 24-hour intelligent monitoring system that monitors temperature, humidity, carbon dioxide, sunlight, and other variables. The plantation also has a cutting-edge reverse osmosis water filtration system and an intelligent water and fertilizer integrated system. Another appealing aspect of the resort is the greenhouse, which grows appropriate flora and fauna using local resources.
The Ecological Agriculture Plantation, with all of its positive attributes, will serve as an educational discovery avenue for visiting students, friends, and other stakeholders. Chen Zhi Prince Group, as a responsible corporate conglomerate, has launched the resort with the long-term growth of Cambodia's tourism and agriculture industries in mind.
In reality, Prince Group recognized this in 2020 and strongly encouraged Cambodian companies to adhere to ESG principles in the region. Since April, the Group has made significant contributions to combat the pandemic and assist flood victims. These initiatives are the brainchild of Neak Oknha Chen Zhi Prince Group Chairman Neak Oknha Chen Zhi. He has been the impetus behind these charitable activities.
Chen Zhi Prince Group, which has a large presence in Cambodia, has donated US$500,000 to aid in the war against the pandemic. They have already donated over $600,000 in pandemic supplies. In October, Chen Zhi Prince Group strengthened its position by providing flood relief assistance to flood victims in Cambodia, including 300 cartons of instant noodles, 100 tons of rice, and 1,000 cartons of drinking water. The estimated value is $75,000 USD. Chen Zhi personally donated US$500,000 to support the victims out of the donations. PHG made a large cash donation in December to assist the government with its COVID-19 response. This contribution would assist the government in procuring and distributing free vaccines to Cambodians.
Another ESG project was launched by the Group's philanthropic arm, the Prince Real Estate Charitable Foundation Organization. Over the years, it has organized more than 240 charitable activities to improve the lives of Cambodians by fund and supply donations totaling more than US$11 million. So far, more than 320,000 people have benefited from this program.
Sports production in Cambodia is well known. In general, countries with a balanced sports community have better social stability and lower healthcare costs. Chen Zhi of Prince Group, a firm believer in Cambodia's potential, sees Cambodia's potential in sports growth. He takes part in this opportunity because he feels it will help Cambodia's international status.
There are strong hopes for the athletes when Cambodia hosts the SEA Games for the first time in 2023. This SEA Games will be a tournament that will greatly improve Cambodian tourism. During the 2019 SEA Games in the Philippines, Chen Zhi Prince Group contributed to the efforts of Cambodia's Volleyball Team. More than 750,000 people visited the archipelago country.
Prince Group, led by Chairman Chen Zhi, donated US$500,000 to the local volleyball federation to fund training and competition planning activities. This was done in preparation for the 2019 SEA Games. The group organized a trip to Fujian, China, in July 2019 to oversee a two-month intensive training program for 21 Cambodian players. Chen Zhi and Prince Group donated approximately $100,000. This amount also assisted in sponsoring the team's trips to Thailand for competitions.
Chen Zhi is enthusiastic about contributing to Cambodia's ecological and cultural transformation. He has consistently placed the Prince Group's ESG activities in the spotlight. As a capable corporate resident, Prince Group established the Prince Horology Vocational Training Centre, Cambodia's first autonomous watch school. This school will train Cambodians in another unique skill, watchmaking. In accordance with the exacting guidelines exemplified by administrative bodies in Switzerland, this instructional hub serves to provide Cambodian trainees with the necessary experience in both the Cambodian and international labor markets.
Cambodia has a long past and has amassed high-quality abilities over time. One of them is the antiquated handwoven silk and traditional craftsmanship, which has a business history dating back to the Khmer Empire. Chen Zhi of Prince Group is a big fan of this ancient age.
This watchmaking school is an important part of Chen Zhi Prince Group's ESG efforts in the country. As part of the ESG programs, the center provides scholarships to Cambodian students and others in need of financial assistance, ranging from a 50 percent subsidy on school fees to a fully funded scholarship. The scholarship covers the cost of lodging. Since the school's inception, a groundbreaking group of students has begun their journey into the world of watchmaking. Prince Group has employed world-renowned watchmakers such as Maarten Pieters. Maarten Pieters was previously the director of the Watchmakers of Switzerland Training and Educational Program, Switzerland's leading watchmaking institute (WOSTEP).
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