Who is Neak Oknha Chen Zhi of Prince Group Cambodia?



Neak Oknha Chen Zhi is the chairman of Prince Group, one of Cambodia's biggest and fastest expanding business conglomerates, but surprisingly little is known about him.

Despite his extensive business interests in Cambodia, Prince Group's Chen Zhi seems to be maintaining a low profile aside from an official Twitter and LinkedIn account, which are most likely handled by his minders anyway.

Often referred to as Cambodia ChenZhi or Prince ChenZhi, this business visionary is of Chinese descent and later became a naturalized Cambodian citizen when he arrived in the country some years back. During this time, he met with Prime Minister Hun Sen. 

More on Cambodia Prince ChenZhi? Follow his twitter account: https://twitter.com/chenzhicambodia 

His interest in real estate via the subsidiary Prince Real Estate has resulted in the development of several projects in both Cambodian cities of Phnom Penh and Sihanoukville. These ventures paved the way for a 1 million-square-meter growth.

Prince Plaza Center, Prince Modern Plaza, Prince IT Building, and Prince City Center are a few examples. They are mostly currently under construction, but will be finished soon.

Belt Road Capital Management, Prince Bank, Cambodia Airways, Prince Supermarket, Awesome Global Investment Group, and Canopy Sands Development are all subsidiaries of Prince Group.

He is not only engaged in industry, but also in philanthropy.

2020 was Chen Zhi's year of philanthropy in Cambodian society. He had promised to donate $3 million to assist Cambodia in purchasing 1 million COVID-19 vaccines.

When the floods reached Cambodia, Chen Zhi provided assistance to the victims. 

Chen Zhi is very particular about Environmental, Social, and Governance (ESG) issues and led Prince Group and its divisions in establishing various efforts on those fronts to the betterment of the Cambodian society. Read: Neak Oknha Chen Zhi and Prince Group Making Waves with Cambodia’s ESG Initiatives

He has made a generous donation to establish the Prince Horology Vocational Training Center, which provides various full and partial scholarship placements for talented Cambodian students.

Neak Oknha Chen Zhi seems to be especially excited about luxury watches, and he wants Cambodian-made watches to compete with those made in Switzerland and Japan.

How did Chen Zhi get to Cambodia? He may have associations with people from various walks of life. With his real estate experience and contacts, he is willing to complete large-scale projects. His adept networking skills may have aided him in making a profit.

Though Chen Zhi prefers to stay out of the public eye so most of his work is done behind the scenes, he has launched over 240 charity events with Prince Group. In reality, when Chen Zhi is not involved in banking, aviation, retail, or real estate growth, the Prince Charitable Foundation is the busiest allotment of Prince Group.

Chen Zhi and the Group were instrumental in ensuring that many people became working in Phnom Penh. They accomplished this by embarking on a massive undertaking. They had revealed that Ream City would be available shortly. This $16 billion scheme will cover 834 hectares as a city in Sihanoukville.

Since it will be built on reclaimed land, Ream City will have the typical characteristics of developed communities, such as malls, colleges, landed homes, condos, restaurants, beach resorts, beach houses, parks, and so on.

If his dreams come to fruition and the current rate of growth continues, Chen Zhi will be a household name in Cambodia in no time.

There is certainly growing interest in Chen Zhi and Prince Group, as well as their business development activities in Cambodia. There are many articles on the internet written about Chen Zhi as well, such as the following more prominent ones:


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Comments

  1. Neak Oknha Chen Zhi is the Chairman of Prince Holding Group. As chairman, Chen Zhi has turned Prince Group into a leading conglomerate in Cambodia that adheres to international standards, invests in the future of the Kingdom and is committed to sustainable business practices.

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  2. Neak Oknha Chen Zhi is the chairman of Prince Group, one of Cambodia's biggest and fastest expanding business conglomerates, but surprisingly little is known about him.

    ReplyDelete

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