Prince Holding Group wins the award for the best real estate development company in Cambodia

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The Group has been recognized for its constant efforts to boost the real estate market in Cambodia

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International Business Magazine is a Dubai-based business magazine and awards publication

The International Business Magazine award reflects the Group’s efforts to build resilience against the challenges of the COVID-19 outbreak last year.

With the growing need for quality urban real estate, we are proud to have laid the foundation for a strong real estate footprint that will serve a growing Cambodia well.

— Gabriel Tan, Communications Director of Prince Holding Group

DUBAI, UNITED ARAB EMIRATES, Aug. 12, 2022 / — Prince Holding Group has been recognized by International Business Magazine, a Dubai-based publication, as the best real estate development company in Cambodia.

The award reflects the Group’s efforts to build resilience while meeting the challenges of the COVID-19 outbreak last year. One of the significant developments was the launch of a sustainability master plan for its Ream Littoral project in Sihanoukville.

“On behalf of our 4,500 employees, many of whom work in various real estate operations, we are honored to receive this recognition as we continue our efforts to develop urban centers, enhance cultural tourism, expand our portfolio of hotels, resorts resorts, and supermarkets,” said Gabriel Tan, chief communications officer of Prince Holding Group. “With the growing need for quality urban real estate, we are proud to have laid the foundation for a strong real estate footprint that will serve a growing Cambodia well.”

This is the 5th award related to real estate won this year by the Group’s real estate units, testifying to their rising notoriety. Its units are currently working on Prince International Plaza and a coastal development project in Ream Bay, and Prince Happiness Plaza, which was recognized by PropertyGuru, a real estate platform, as Cambodia’s best mixed-use development last year. Over the past twelve months, real estate units have completed construction of Prince Huan Yu Mall, Prince Golden Bay and Prince Happiness Plaza, the latter winning PropertyGuru’s Best Mixed-Use Development award, transforming the coastal city .

This year, Canopy Sands Development has already won five awards while the Group has been recognized for its philanthropic activities and anti-pandemic efforts with two CSR-themed awards (more details can be found here). Meanwhile, Chen Zhi, chairman of Prince Holding Group, has also been recognized as an emerging real estate entrepreneur by The Global Economics, a US-based magazine.

Other winners from Cambodia included Cambodia Post Bank, Cellcard and Vattanac Bank, while Filipino high-end property developer ALVEO LAND was also recognized as the top property developer in the Philippines.

About Prince Holding Group:
Prince Holding Group is one of Cambodia’s largest business groups covering property development, financial services and consumer services.
Principal business units of Prince Holding Group in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Through its subsidiaries, Prince Holding Group has more than 80 companies in Cambodia operating in the sectors of property development, banking, finance, aviation, tourism, logistics, technology, food and drinks, lifestyle, etc.
Drawing on a network of industry, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia. Prince Holding Group is developing a nearly 1,000-hectare township project on the Ream Coast in Sihanoukville that will be one of Cambodia’s leading sustainable real estate developments, aiming to secure nearly $16 billion in total investment for the region.

Going forward, Prince Holding Group will continue to seek opportunities to play an important role in Cambodia, through partnerships or direct investment in key industries for the benefit of Cambodians and the local economy.

About International Business Magazine
International Business Magazine is an online publishing company based in the United Arab Emirates with a subscriber base of over 50,000 which includes investors, C-suite employees, key stakeholders, policy makers and bureaucrats governmental. We get 4.2 million views per year on our website and an average of 350,000 unique visitors each month. We deliver the latest news from the financial world and strongly promote innovative solutions in the industry.

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