Chen Zhi Cambodia News
On March 11, in view of the escalating situation caused by the rising
number of COVID-19 cases in Cambodia, Neak Oknha Chen Zhi, chairman of
Prince Holding Group, better known as Prince Group, affirms the Group’s
commitment to social responsibilities, announcing plans to donate $3
million to the Cambodian government’s anti-epidemic efforts. Prince Group Chen Zhi.
has extended his assistance during the Kingdom’s time of need and
expressed strong support for Prime Minister Hun Sen’s drive to combat
the ongoing epidemic.
Prince Group is one of the largest corporate conglomerates in Cambodia,
with businesses spanning across multiple industries, including real
estate development, banking, finance, aviation, tourism, logistics,
technology, food and beverages, and lifestyle sectors.
As of 7am of March 11, Cambodia has reported 1,163 coronavirus cases. While more than half of the cases has been cured, the Kingdom has seen a recent spike in cases due to what is being termed locally as the ‘February 20 incident’, with the COVID-19 caseload appearing to have spread to 10 provinces and cities across the Kingdom.
About Prince Holding Group:
Prince Holding Group is one of the largest conglomerates in Cambodia, with its various units focusing on three core areas: real estate development, financial services and consumer services.
Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.
Rising foreign direct investment, free trade agreements with leading countries and future participation in the Regional Comprehensive Economic Partnership are expected to act as key drivers for the Cambodian economy, supported by pro-industry policy initiatives by the government.
Leveraging a network of industrial, business and financial
professionals across Asia, Prince Holding Group has laid the foundation
to be a vital conduit for local and international capital. Moving
forward, Prince Holding Group will continue to seek out opportunities to
play an important role in Cambodia, through partnerships or direct
investments into key industries for the betterment of Cambodians and the
local economy.
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