Chairman of Prince Holding Group, Chen Zhi, is in charge of Cambodia's massive large-scale expansion. He has contributed to the development of Cambodia through donations, gifts, and land investments as a result of his tireless efforts. Prince Group Chen Zhi is unquestionably Cambodia's good leader in the community.
Thanks to the Covid-19 outbreak, 2020 was a year of global difficulties. The Covid-19 pandemic has killed millions of people all over the world. Cambodia was not immune to the pandemic. Cambodia was also struck by a major flood disaster at the same time.
Chen Zhi was in charge of assisting Cambodia's government in combating the Covid-19 pandemic and providing relief to flood victims. Prince Group has made a major contribution to the relief effort since April. He is credited with spearheading these donation drives, which include a $3 million contribution to Prime Minister Hun Sen for the purchase of 1 million Covid-19 vaccines.
Food was given to 804 families and 234 police officers in Phnom Penh, Cambodia, as a result of these donations. The pandemic has had an effect on these people. Chen Zhi's donation will help the Cambodian government vaccinate at least 80% of the country's nearly 13 million population as part of the ESG strategy.
Apart from monetary donations, Chen Zhi and the Prince Group invested in the capacity development of Cambodian people. Cambodia is known for its handwoven silk and traditional craftsmanship, which dates back to the Khmer Empire. Chen Zhi always brags about Cambodia's economic achievements. As a result of the pandemic's devastating impact on people's livelihoods, about 55,000 workers have been displaced and rendered jobless.
Chen Zhi helps Cambodians learn new watchmaking skills by establishing the Prince Horology Vocational Training Center in Phnom Penh, Cambodia. Cambodians will be able to develop their job opportunities as well as learn new skills.
Chen Zhi's efforts to strengthen Cambodians' skills would aid the country's transition from a developing to a developed economy. His efforts to step away from traditional farming demonstrate this. Farming incomes are said to have been hit hard by extreme weather, which has resulted in floods and droughts, and have fallen by more than half in the first quarter of 2020.
Cambodian farmers faced major obstacles even before the 2020 pandemic. The cost of major agricultural commodities such as paddy rice, cassava, and other vegetables has dropped dramatically. The soil's fertility has also declined. A pandemic in 2020, on the other hand, will exacerbate the situation for farmers.
To address these farming problems, Chen Zhi founded the Ecological Agricultural Plantation. The plantation at Prince Manor Resort will be a game changer for Cambodia's agricultural sector. Cambodians would be able to comprehend and implement modern agricultural techniques. The processes will be overseen by global and local farming experts.
The Prince Manor Resort in Phnom Penh, Cambodia, was completed in October 2020 and spans 136,000 square metres as part of the country's efforts to attract tourists through eco-tourism. Guests will stay in hotels to see the breathtaking level of ingenuity employed by agricultural experts in modern farming techniques. Temperature, humidity, carbon dioxide, sunlight, and other variables are regulated by an intelligent monitoring system at the 10,000-square-meter plantation, for example, 24 hours a day, seven days a week. The resort also has integrated water and fertiliser systems, as well as state-of-the-art reverse osmosis water filtration.
The plantation will act as an educational tool for visiting students, families, and other stakeholders. Chen Zhi and Prince Group founded the resort as a responsible corporate conglomerate committed to the long-term growth of Cambodia's tourism and agriculture industries.
Since nearly nine-tenths of Prince Manor Resort is forested, it will serve as a model for sustainable development initiatives in Cambodia's rapidly growing economy. The resort's other attractions include spring gardens, an amusement park, a water park, and several lodges.
Chen Zhi's role in Cambodia will have far-reaching implications beyond economics and philanthropy. Chen Zhi's long-term ambition for Cambodian glory will also include sports. His enthusiasm for the sport stems from his belief that it would help Cambodia save money on healthcare and improve social harmony.
Chen Zhi has aided the national men's volleyball team in their preparations for the Southeast Asian Games in 2023, which Cambodia will host for the first time. In order to help them improve, he sponsored the team's trip to Fujian, China in 2019 for a 2-month intensive training programme. Chen Zhi contributed $100,000 to the cause.
Such assistance was a noble cause aimed at improving Cambodians' lives. Chen Zhi is a trailblazer in environmental, social, and governance issues (ESG). It's one of Prince Group's ESG founding principles. When the world is in the middle of a global crisis, there are efforts to assist people in difficult financial situations. On the other hand, these ESG ideals aren't brand new.
In order to increase their economic competitiveness and draw more foreign investment into Cambodia, many Cambodian companies are encouraged and expected to adopt ESG principles. This will not only help Cambodians live better lives, but it would also assist Cambodia in transitioning from a developing to a developed world.
Chen Zhi will continue to play a key role in Cambodia's growth by establishing strategic alliances and providing adequate financial support to key industries, both to the benefit of Cambodians and the local economy. Indeed, the leadership of Chen Zhi serving the business community of Cambodia is a good asset of a leader (https://en.wikipedia.org/wiki/Leadership)