Making Cambodian Donations To Laos

 

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Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest expanding businesses, has made a US$2 million donation to support the Laotian government in its fight against the COVID-19 pandemic. Cambodia Chen Zhi had also provided $1 million earlier in September. Both donations reflected Prime Minister Hun Sen's call for the two neighbouring countries to boost bilateral COVID-19 collaboration.

Guy Chhay, a board member of Prince Holding Group, completes the donation on Chen Zhi's behalf at the Peace Palace in Phnom Penh. The two donations, which total US$3 million, are intended to assist the Laotian people in their fight against the pandemic. With Cambodia being one of the most vaccinated countries in the world, Chen Zhi, an entrepreneur and Mekong region business leader, understands how critical it will be for Cambodian enterprises to support surrounding countries' anti-COVID efforts. Prince Holding Group, as a significant Cambodian firm, also seeks to contribute to the Kingdom's leadership role in regional affairs at a critical juncture for Southeast Asia. This year, Prince Holding Group, the holding company for leading firms such as Prince Real Estate Group, Prince Bank, Prince Huanyu Real Estate, Belt Road Capital Management, Awesome Global, and Cambodia Airways, has been at the forefront of corporate social responsibility (CSR) operations. This included the establishment of one of the country's largest scholarship programmes (the "Chen Zhi Scholarship"), and the Group has garnered eight international honours while preserving commercial continuity despite the difficult environment.