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Chen Zhi Scholarship Jointly Launched by Prince Team and Ministry of Education Youth and Sport to Prepare Cambodian University College students For Write-up-Pandemic Future
Revealed on September 8, 2021
Whole tuition costs and stipends for 400 university students to progress sustainable progress, fiscal inclusion and earth-course hospitality Awardees to get internship and work options at Prince Group
Prince Holding Group (“Prince Group”), one particular of the largest conglomerates in Cambodia, has finalized a memorandum of knowing (MOU) with the Ministry of Education Youth and Activity (MoEYS) to launch a scholarship software for Cambodian college students. Prince Team will give whole tuition charges and stipends for 400 chosen pupils to go after their Bachelor of Science degrees at best Cambodian universities including Royal College of Phnom Penh, National College of Management, and Institute of Engineering of Cambodia. In full, Prince Team will give about US$2 million across seven yrs.
As general public-private partnerships are necessary, Prince Group will get the job done with the government to reach the aims outlined in the Instruction Strategic Plan (2019-2023). Prince Group will operate with MoEYS to guarantee pupils get monetary guidance, coaching, mentoring and operate alternatives to bolster understanding in three areas: sustainable development of the actual estate sector advancing economical inclusion and the electronic economic climate in the banking and finance industries, and the advertising of earth class hospitality standards, conference the foreseeable future human capital requires of the area economy.
By means of internships, learners will learn from prime gurus in Cambodia – Prince Group, which oversees far more than 80 enterprises, possesses a diverse workforce with 20% of employees hailing from spots like Singapore, Malaysia and Greater China.
His Excellency Hold Chuon Naron, Cambodia’s Minister of Instruction Youth and Sport, commented: “We welcome the cooperation of businesses that just take their job as educators severely. Cambodia’s highway to restoration will have to have brilliant youthful minds from all elements of the nation and MoEYS, alongside with its partners, will take out road blocks, supply specific direction, assure equitable accessibility to instruction and do the job alternatives to guarantee gifted pupils emphasis on mastering and attaining capabilities that will be significant for Cambodia’s long run.”
“We are happy to launch 1 of Cambodia’s major scholarship programs sponsored by a private company,” reported Gabriel Tan, Chief Communications Officer of Prince Holding Team. “Prince Group’s various models are thrilled to welcome Cambodian pupils into our spouse and children as we will generate potent internship and management trainee plans to educate, nurture and teach the leaders of tomorrow. The Chen Zhi Scholarship seeks to supply the two educational and sensible experience for the learners, by delivering both a very first-level schooling and publicity to an international doing the job practical experience.”
The scholarship will be spearheaded by Neak Oknha Chen Zhi, Chairman of Prince Team, who was just lately recognized as the Entrepreneur of the Calendar year amongst leaders of conglomerates at the 2021 Worldwide Organization Awards, thanks to his enterprise and corporate social duty management above the training course of the pandemic. Less than Chen Zhi, Prince Team follows a holistic natural environment, social and governance framework (ESG) that aims to make a lengthy-phrase effect in Cambodia. Prince Team has opened the Prince Horology Vocational Schooling Center, Cambodia’s 1st independent enjoy school. The education middle provides Cambodian youths the possibility to find out a new artisanal ability – watchmaking – and obtain the vital working experience to help them in job marketplaces in Cambodia and overseas. In August this calendar year, Prince Team experienced also sponsored the Profession Preparation Method operate by Caring for Cambodia, a main charity, to assist substantial university pupils. Prince Team will keep on to actively seek out out techniques to add to far better instructional outcomes for Cambodians from all walks of everyday living.