The Enigma that is Neak Oknha Chen Zhi of Prince Group Cambodia
Neak Oknha Chen Zhi is the chairman of Prince Group of Cambodia, and very little is known about him, as he seems to want to maintain a low profile. What is known is that he is the chairman of Prince Holding Group, According to his LinkedIn profile, he is the chairman of Prince Holding Group, one of Cambodia's fastest growing conglomerates.
Cambodia ChenZhi, Prince ChenZhi, or even Cambodia Prince ChenZhi, as he is frequently referred to, is a naturalized Cambodian citizen of Chinese ancestry. He first arrived in Cambodia in 2010 and met with Prime Minister Hun Sen.
Chen Zhi's official profiles on the internet include the following:
Chen Zhi is also the chairman of Prince Real Estate, which has developed various projects in Phnom Penh and Sihanoukville. Its projects and assets include the Prince Plaza Center, the Prince Modern Plaza, the Prince City Center, and the Prince IT Building.
Prince Group also controls Prince Bank, Cambodia Airways, Belt Road Capital Management, Awesome Global Investment Group, Canopy Sands Growth, and Prince Supermarket. That's a lot of businesses!
We also know that, aside from his business activities, he seems to be an active philanthropist.
In 2020, Neak Oknha Chen Zhi led his group to contribute USD $3 million to assist Cambodia in purchasing 1 million COVID-19 vaccines, and he also provided assistance when the country was struck by heavy floods. In early 2021, Chen Zhi and Prince Group contributed an additional USD $3 million to address the growing number of COVID-19 cases in Cambodia.
More news on this successful business leader can be found in the links below:
Chen Zhi has also donated a significant sum of money to establish the Prince Horology Vocational Training Center, which provides numerous full and partial scholarship placements for talented Cambodian students seeking to learn the fine art of luxury watchmaking. As an admirer of Cambodia artisanal craftsmanship, Chen Zhi and Prince Group hope that the watches made in Cambodia can one day rival those made in Switzerland and Japan.
Neak Oknha Chen Zhi is a patron of sports as well, with Prince Group declaring its support for the Cambodian national volleyball team, which will participate in the 2023 Southeast Asian Games.
A while back, Chen Zhi's Prince Group contributed $500,000 to the Cambodia Volleyball Federation and arranged for a two-month preparation program in Fujian, China, for 21 Cambodian volleyball teams.
While little is known about Chen Zhi's arrival in Cambodia, it appears that he has solid contacts with people from all levels of Cambodian society, which allows him to establish the great relationships and forge massive deals and projects that have proliferated not only in Cambodia but also worldwide.
Despite the fact that Prince ChenZhi prefers to stay out of the spotlight and undertakes the majority of his work behind the scenes, he and Prince Group have launched over 240 charity events in recent years.
When Chen Zhi is not actively involved in the growth of Prince Group's banking, aviation, retail, or real estate, the community outreach and charity initiatives under his Prince Charitable Foundation are ostensibly the most active components of the Group.
Chen Zhi and Prince Group have also been helpful in creating additional jobs for Cambodians by developing large-scale projects, such as the construction of Ream City, a $16 billion megaproject that will build a city from the ground up over 834 hectares in Sihanoukville.
Ream City would revolutionize the neighborhood by introducing modern, high-quality, civic, and recreational amenities such as malls, hospitals, landed homes, hotels, restaurants, coastal resorts, beach villas, and beaches, among other things.
If his plans are fruitful and Prince Group continues to build and develop at its current pace, it won't be long before Neak Oknha Chen Zhi of Prince Group becomes a household name in Cambodia.
We'll keep you updated on the latest news and developments concerning the intriguing creative business leader and enigmatic philanthropist that is Neak Oknha Chen Zhi of Prince Group Cambodia as they surface onto the public domain, so stay tuned.