Economic Rise Of Cambodia

  The Gold Winner of "Best Country Awards for Overall CSR Excellence, Best in Cambodia" at The Global CSR Awards 2021, now in its 13th year, is Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates by Cambodia Chenzhi . Prince Group was chosen as one of the best companies in Asia, the United Arab Emirates, and Europe. The Global CSR Awards 2021 is one of Asia's most prestigious corporate social responsibility and corporate governance recognition awards programmes. The programme recognises and honours businesses for exceptional, innovative, and world-class products, services, projects, and programmes implemented in the past or present. These projects demonstrate the companies' leadership, sincerity, and ongoing commitment to incorporating ethical values, legal compliance, and respect for individuals, communities, and the environment into their business practises. This year, over 350 entries were received from o

  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, has donated US$1 million to the Laos government in response to Cambodian authorities' request to strengthen cooperation with Laos in fighting the pandemic. Chen Zhi is not unfamiliar with Cambodia. He is the driving force behind the successful Cambodian Group of companies, which includes the Prince Holding Group, the Prince Real Estate Group, the Prince Bank, the Prince Huan Yu, Belt Road Capital Management, and Cambodia Airways. At the 2021 International Business Awards, the Cambodian entrepreneur was also named Entrepreneur of the Year – Conglomerates, making him the only entrepreneur honored in a category that honors leaders running multi-industry businesses. Furthermore, he is one of three Asian leaders who were recognized for dynamic entrepreneurialism in various sectors during one of the most difficult years in corporate leadership. In an era when leading

  Canopy Sands Development, a subsidiary of Prince Holding Group, one of Cambodia's largest and fastest expanding conglomerates, has accepted a masterplan for Ream City prepared by Surbana Jurong Group, a Singapore-headquartered worldwide urban, infrastructure, and managed services firm. The concept establishes a land use strategy for the 834-hectare project, which would require an estimated US$16 billion in total investment and will be created on reclaimed land within ten minutes from Sihanoukville International Airport. Ream City will serve as a catalyst for the entire Sihanoukville region's economic potential, as Cambodia's third largest city and home to the country's deep-water port. Ream City is designed to revitalise Sihanoukville by establishing a sustainable ecosystem of tourism, business, and residential activity capable of housing up to 130,000 people. The project proposes the development of family attractions, condominiums, landed and oceanfront residences,