On March 11, in light of the deteriorating situation in Cambodia as a result of the increasing number of COVID-19 cases, Neak Oknha Chen Zhi, chairman of Prince Holding Group, or Prince Group, reaffirmed the Group's commitment to social responsibility by announcing plans to donate $3 million to the Cambodian government's anti-epidemic efforts. Cambodia Prince ChenZhi has offered aid to the Kingdom at this difficult time and voiced strong support for Prime Minister Hun Sen's efforts to combat the current outbreak. Read more - https://en.wikipedia.org/wiki/COVID-19_pandemic_in_Cambodia
Prince Group is one of Cambodia's greatest multinational conglomerates, with operations in a variety of areas, including real estate development, banking and finance, aviation, tourism, logistics, information technology, food and beverage, and lifestyle.
Cambodia had recorded 1,163 coronavirus cases as of 7 a.m. on March 11. While more than half of the patients have been cured, the Kingdom has recently experienced an increase in cases as a result of what is being referred to locally as the 'February 20 incident,' with the COVID-19 caseload spreading to ten provinces and cities throughout the Kingdom.
About Prince Holding Group
Prince Holding Group is one of Cambodia's greatest conglomerates, with several subsidiaries focused on three primary areas: real estate development, financial services, and consumer services.
In Cambodia, Prince Holding Group's primary business units include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, and Awesome Global Investment Group. Prince Holding Group has over 80 enterprises in Cambodia through its subsidiaries, including real estate development, banking and finance, aviation, tourism, logistics, technology, food and beverage, and lifestyle.
Increased foreign direct investment, free trade agreements with major economies, and potential membership in the Regional Comprehensive Economic Partnership are expected to operate as important drivers of the Cambodian economy, bolstered by the government's pro-industry policies.
Prince Holding Group has established the groundwork for a crucial conduit for domestic and international finance by leveraging a network of industrial, business, and financial specialists across Asia. Prince Holding Group will continue to seek chances to contribute significantly to Cambodia's development, whether through partnerships or direct investments in critical industries, for the benefit of Cambodians and the local economy.