Launch Of Scholarship To Build The Young Future

 


Prince Holding Group ("Prince Group"), one of Cambodia's major corporations, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to establish a scholarship programme for Cambodian university students. Prince Group will cover the whole cost of tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at prestigious Cambodian universities, including the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Prince Group will provide more than US$2 million over a seven-year period.

Due to the critical nature of public-private partnerships, Prince Group will collaborate with the government to accomplish the goals established in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and employment opportunities to bolster learning in three areas: sustainable real estate development; financial inclusion and the digital economy advancement in the banking and finance industries; and promotion of world-class hospitality standards to meet the local economy's future human capital needs.

Students will gain knowledge from top professionals in Cambodia through internships - Prince Group, which controls more than 80 enterprises, has a varied workforce, with 20% of employees hailing from Singapore, Malaysia, and Greater China.

His Excellency Hang Chuon Naron, Cambodia’s Minister of Education Youth and Sport, commented: “We welcome the cooperation of employers that take their role as educators seriously. Cambodia’s road to recovery will require bright young minds from all parts of the country and MoEYS, along with its partners, will remove obstacles, offer targeted guidance, ensure equitable access to education and work opportunities to ensure talented students focus on learning and acquiring skills that will be important for Cambodia’s future.”

“We are pleased to launch one of Cambodia’s largest scholarship programs sponsored by a private enterprise,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Prince Group’s various units are excited to welcome Cambodian students into our family as we will create strong internship and management trainee programs to train, nurture and educate the leaders of tomorrow. The Chen Zhi Scholarship seeks to provide both academic and practical experience for the students, by providing both a first-rate education and exposure to an international working experience.”

Neak Oknha Chen Zhi will spearhead the scholarship. Cambodia ChenZhi, Chairman of Prince Group, was recently named Entrepreneur of the Year among conglomerate leaders at the 2021 International Business Awards, in recognition of his business and corporate social responsibility leadership throughout the pandemic. Under Chen Zhi's leadership, Prince Group adheres to a comprehensive environmental, social, and governance (ESG) framework with the goal of having a long-term influence in Cambodia. Prince Group has created Cambodia's first independent watch school, the Prince Horology Vocational Training Center. The training centre provides Cambodian youngsters with the opportunity to master a new artisanal skill – watchmaking – and get the expertise essential to compete in both domestic and international job markets. In August of this year, Prince Group also funded a Career Preparation Program for high school students conducted by Caring for Cambodia, a recognised organisation. Prince Group will continue to look for methods to improve educational outcomes for Cambodians of all backgrounds.

https://economicprogressupwardtrend.wordpress.com/2021/10/17/esg-plans-for-the-nation/

Comments

Post a Comment

Popular posts from this blog

Good Awards For Good Community Practises

Image
  Prince Group by Cambodia Prince Chenzhi wins a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response, making it the first and only company from Cambodia to do so. Prince Holding Group (“Prince Group”), one of Cambodia's largest and fastest-growing conglomerates, has been named a Silver winner in the COVID-19 Corporate Response category of the eighth annual Asia-Pacific Stevie Awards (one of the most recognisable business awards in the world). Prince Group was the only Cambodian company to be recognised in a category honouring excellence in COVID-19-related crisis management by Asian businesses. The Asia-Pacific Stevie Awards are the only business awards programme that recognises workplace innovation in all 29 Asia-Pacific countries. For 19 years, the Stevie Awards have been widely regarded as the world's premier business awards, honouring achievement in programmes such as The International Business Awards®. “The recognition solidifies our belief that
Read more

Ideal Cambodian Property Investment Opportunities

Image
  Despite the devastating impact of the COVID-19 outbreak on Southeast Asian economies, Cambodia continues to be an attractive investment opportunity for real estate investors due to its unique position at the crossroads of several trends. Cambodia has undergone a significant transition in the two decades since the Khmer Rouge disbanded. The country, once infamous for widespread poverty and ongoing civil strife, has outperformed expectations, having achieved lower-middle-income status by 2015 and aiming for upper-middle-income status by the end of the decade. It has not experienced a recession in more than two decades. Cambodia is an integral part of the ASEAN community and a key launchpad for China's Belt and Road Initiative. However, Cambodia has seen an increase in foreign investment from a variety of sources over the last few years. It appears to be benefiting recently from a reshoring drive as businesses seek to relocate or expand in Southeast Asia. Not only does Cambodia prov
Read more

Making A Winning Entrepreneur

Image
  Prince Group under the leadership of Chen Zhi Cambodia , one of Cambodia's largest and fastest-growing conglomerates, is pleased to announce that Prince Group Chairman Neak Oknha Chen Zhi ("陈志公爵") has been named Entrepreneur of the Year – Conglomerates at the 2021 International Business Awards. Neak Oknha Chen Zhi is the sole entrepreneur recognised in a category honouring multi-industry business leaders. During one of the most difficult years in corporate leadership, Neak Oknha Chen Zhi is one of three Asian CEOs who have been acknowledged for their innovative entrepreneurialism in several areas. Neak Oknha Chen Zhi is one of a new wave of conglomerate CEOs who are looking for new ways to do business while also contributing to societal goals. https://developmentofasiancountry.wordpress.com/2022/03/03/building-a-bridge-across-the-pandemic-situation/ Prince Group also received a Bronze Award in the Most Valuable Corporate Response (COVID-19 category), just three months a
Read more