Cambodian Development Progress

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, and Chairman Neak Oknha Chen Zhi have responded to the Cambodian Government's call for assistance in combating the February 20, 2021 Covid-19 outbreak in the Kingdom by announcing plans to donate US$3 million to anti-pandemic efforts in the Kingdom. This follows Chen Zhi's initial US$3 million donation in December to assist Cambodia in purchasing COVID-19 vaccinations. Additionally, following in the footsteps of Prince Group and Chen Zhi, Prince Real Estate, a subsidiary of Prince Group, distributed critical food supplies to 804 families in need and 234 members of the Cambodian police force in Chamkarmon District, Phnom Penh, Cambodia, which was impacted by the February 20, 2021 Covid-19 outbreak. While the Cambodian government has provided extraordinary assistance totaling $1.16 billion, accounting for 5% of GDP thus far, Prince Group recognizes that private firm

  Many people's working life have been altered as a result of the global pandemic, including those in Cambodia. As a good corporate citizen, Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group established the Prince Horology Vocational Training Center, Cambodia's first independent watch school. The training centre provides Cambodians with the opportunity to master a new artisanal skill – watchmaking – and gain the expertise needed to compete in job markets in Cambodia and abroad. The training institution adheres to the strict watchmaking criteria specified by Swiss regulatory organisations. Cambodia, as a country steeped in history, has long preserved artisanal skills for generations, with the Kingdom well-known for its ancient handwoven silk and traditional handicraft industries boasting a heritage dating back to the Khmer Empire, a significance that Cambodia ChenZhi and Prince Group have always understood and appreciated. However, new artisanal skills must be introduced to

  Recently announced was the vision for Ream City Sihanoukville in Cambodia's Sihanoukville province, which aims to transform the region into an exciting destination. With a shoreline that extends beyond 6 kilometres, this massive development would contain a sustainable ecosystem of tourism, commercial, and residential activity capable of housing up to 130,000 people. The 834-hectare project is being developed by Canopy Sands Development, a subsidiary of Cambodian conglomerate Prince Holding Group. It will include family attractions, condominiums, landed and beachfront homes, and affordable housing estates, as well as shopping malls, business hubs, beach resorts, hotels, condotels, and a yacht and marina club. The completion of the concept – which was led by Singapore's Surbana Jurong Group – is a significant step toward bringing Ream City's vision to life. “We are currently preparing for downstream developments, including utilities and road infrastructure as well as secon

  Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, is pleased to announce that Prince Group Chairman Neak Oknha Chen Zhi ("陈志公爵") has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi is the sole entrepreneur recognised in a category honouring multi-industry business leaders. During one of the most difficult years in corporate leadership, Neak Oknha Chen Zhi is one of three Asian CEOs who have been acknowledged for their innovative entrepreneurialism in several areas. Neak Oknha Chen Zhi is one of a new wave of conglomerate CEOs who are looking for new ways to do business while also contributing to societal goals. Prince Group also received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months after winning the finest COVID-19 Corporate Response at the ninth annual Asia-Pacific Stevie Awards in May. More than

  Canopy Sands Development, a subsidiary of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has approved a masterplan for Ream City Cambodia developed by Surbana Jurong Group, a Singapore-headquartered global urban, infrastructure, and managed services consultancy. The masterplan establishes a land use strategy for the 834-hectare project, which will require an estimated US$16 billion in total investment and will be developed on reclaimed land just ten minutes from Sihanoukville International Airport. Ream City will serve as a catalyst for the entire Sihanoukville region's growth prospects, as Cambodia's third largest city and home to the country's deep-water port. Ream City is set to transform Sihanoukville by establishing a sustainable ecosystem of tourism, commercial, and residential activity capable of housing up to 130,000 people. The masterplan envisions the development of family attractions, condominiums, landed and beachfront

  The COVID-19 pandemic has caused fundamental assumptions in various industries to be re-examined around the world. Environmental conservation is now a key component of the agriculture sector's recovery efforts in Cambodia, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are leading the charge. According to CGIAR, the world's largest agricultural research network, agriculture is a mainstay in Cambodia, employing more than a third of the workforce, and the current crisis presents an opportunity for the sector to "build back better." Traditional farming practises that use fertilisers, pesticides, water-intensive processes, and legacy farming methods that contribute to increased deforestation and soil erosion must be phased out in developing countries like Cambodia. Chen Zhi Cambodia and Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year, a cutting-edge agricultural hub at a new real estate deve