Lead By Example

Prince Group Chen Zhi leads Cambodia in the business field by example. Nothing is known about him because he likes to maintain a low profile. As a result of his tireless efforts, he has contributed to the development of Cambodia through donations, gifts, and land investments. Neak Oknha Chen Zhi is undeniably a powerful community leader in Cambodia thanks to the Prince Party.

Thanks to the Covid-19 outbreak, 2020 will be a year of global adversity. Millions of people have died worldwide as a result of the Covid-19 pandemic. The pandemic did not spare Cambodia. At the same time, Cambodia was hit by a major flood disaster.

Since April, Prince Group has been a significant donor to the relief effort. He is credited with initiating these charitable endeavours, which include a $3 million donation to Prime Minister Hun Sen for the purchase of one million Covid-19 vaccines.

As a result of these donations, food was provided to 804 families and 234 police officers in Phnom Penh, Cambodia. These people have been affected by the pandemic. As part of the ESG strategy, Chen Zhi's donation would assist the Cambodian government in vaccinating at least 80% of the country's nearly 13 million citizens.

Chairman Chen Zhi and the Prince Group invested in Cambodian capability development in addition to monetary contributions. Handwoven silk and traditional Khmer craftsmanship are well-known among Cambodians. Chen Zhi boasts about Cambodia's economic successes all the time. A total of 55,000 jobs have been lost as a result of the pandemic's devastating impact on people's livelihoods.

Chairman Chen Zhi founded the Prince Horology Vocational Training Center in Phnom Penh, Cambodia, to help Cambodians learn new watchmaking skills. Cambodians will have more chances to learn new skills and find jobs.

Chen Zhi's efforts to improve Cambodians' skills would help the country make the transition from developing to developed. This is shown by his attempts to move away from conventional farming. Extreme weather, which has resulted in floods and droughts, is said to have hit farming incomes hard, with incomes falling by more than half in the first quarter of 2020.

Even before the 2020 pandemic, Cambodian farmers faced significant challenges. Major agricultural commodities such as paddy rice, cassava, and other vegetables have seen price reductions. The fertility of the soil has also decreased. In contrast, a pandemic in 2020 would worsen the situation for farmers.

Chen Zhi created the Ecological Agricultural Plantation to address these issues. For Cambodia's agricultural sector, the plantation at Prince Manor Resort will be a game changer. Cambodians will be able to understand and apply modern agricultural methods. Global and local farming experts would oversee the processes.

As part of Cambodia's eco-tourism efforts, the 136,000-square-meter Prince Manor Resort in Phnom Penh opened in October 2020. Guests will stay in hotels to see the incredible creativity of agricultural experts in modern farming techniques. At the 10,000-square-meter plantation, for example, an intelligent control system regulates temperature, humidity, carbon dioxide, sunshine, and other variables 24 hours a day, seven days a week. The resort also has integrated water and fertiliser systems, as well as reverse osmosis water filtration that is state-of-the-art.

For visiting students, friends, and other stakeholders, the plantation will serve as an educational tool. Chen Zhi and Prince Group founded the resort as a responsible corporate conglomerate dedicated to Cambodia's tourism and agriculture industries' long-term growth.

Since nearly nine-tenths of Prince Manor Resort is forested, it will serve as a model for Cambodia's rapidly rising economy's sustainable development initiatives. Spring gardens, an amusement park, a water park, and several lodges are among the resort's other attractions.

Beyond economics and philanthropy, Chen Zhi's position in Cambodia will have far-reaching consequences. Chen Zhi's long-term goal of Cambodian glory will include sports as well. His passion for the sport stems from his belief that it will help Cambodians save money on healthcare while also improving social harmony.

Chairman Chen Zhi is supporting Cambodia's national men's volleyball team in their training for the Southeast Asian Games, which Cambodia will host for the first time in 2023. In 2019, he helped finance the team's trip to Fujian, China, for a two-month intensive training programme. Chen Zhi made a $100,000 donation to the cause.

Such assistance was a noble cause aimed at bettering the lives of Cambodians. Chairman Chen Zhi is a trailblazer in environmental, social, and governance issues (ESG). It was one of the first ESG concepts developed by the Prince Group. There are efforts to support individuals in challenging financial circumstances when the country is in the midst of an economic downturn. These ESG principles, on the other hand, aren't new.

Many Cambodian businesses are encouraged and required to follow ESG principles in order to improve their economic competitiveness and draw more foreign investment. This will not only improve the lives of Cambodians, but will also aid the country's transition from developing to developed.

Cambodia will continue to play an important role in Cambodia's growth by establishing strategic alliances and providing appropriate financial support to key industries, benefiting both Cambodians and the local economy. Neak Oknha Chen Zhi's leadership in serving Cambodia's business community is a valuable asset. As a result, Cambodia's economic development will be aided. Over a billion dollars have been invested and donated so far. Read more about the developing economic state of Cambodia - https://www.worldbank.org/en/country/cambodia/overview