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Prince Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normal
PHNOM PENH, CAMBODIA – Media
OutReach – 12 August 2021 – Prince Charitable Foundation, the charitable arm of Prince
Holding Group (“Prince Group”), one of Cambodia’s largest
and fastest growing conglomerates, will sponsor the Career Preparation program
run by Caring for Cambodia, a leading charity that provides free education for
7,000 impoverished students, for the coming academic year. The partnership with
Caring for Cambodia, announced on International Youth Day, highlights how
Prince Group has embarked on a new journey at a crucial time when youth
unemployment is expected to increase due to the worsening COVID-19 pandemic
situation in Cambodia. By supporting the Career Preparation program, Prince
Group is looking to invest in the future of Cambodia by empowering and
validating an institutional approach to youth development.
“We are
pleased to partner with Prince Holding Group as we look to expand and enhance
our Career Preparation program,” said Jamie Amelio, Founder and CEO of
Caring for Cambodia. “In the new environment defined by the COVID-19
pandemic, high school and university students will need substantial support to
help them secure a strong foundation for their futures. To achieve better
educational outcomes, Caring for Cambodia believes that public-private
partnerships involving potential employers like member companies of Prince
Holding Group and the Ministry of Education, Youth and Sport will be key.”
Launched in 2006, the Career Preparation
program helps more than 3,000 students every year by imparting information
related to scholarships, carrying out career-related training (bolstering their
interview skills, for example), offering internships, organizing career fairs,
arranging visits to universities and introducing high school students to
inspirational speakers from diverse fields. The program equips high school
students with a post-graduate toolkit that makes a crucial difference, as
students graduating from Caring for Cambodia schools are 18 times more likely to
enroll in universities compared to the national average.
“Prince Holding Group is excited to support a
high-impact initiative like Caring for Cambodia’s Career Preparation program,”
said Cliff Koh, Secretary-General of Prince Holding Group. “As a responsible
Cambodian conglomerate that contributes to sustainable development via
education, healthcare and community engagement initiatives, sponsoring Caring
for Cambodia’s Career Preparation program will help Cambodian youth at an
important juncture in their lives.”
Further, the program also helps Caring for
Cambodia alumni currently studying at universities with their job search
process. Schools supported by Caring for Cambodia are some of the only ones in
the country that prepare students with the skills they need to help them
qualify for work in growth fields like telecommunications, logistics and
conservation.
In the realm of education, Prince Group has
offered regular support over the years and most
notably brought the art of Swiss watchmaking to Cambodia by establishing
the country’s first independent watchmaking school
last year, which gives Cambodian youth the
opportunity to learn a new artisanal skill and gain the necessary experience to
help them in job markets in Cambodia and abroad. The Group follows an
established environment, social and governance (ESG) strategy on behalf of member companies, with educational
initiatives that bring a long-term impact a key focus.
As a part of an overarching strategy,
Prince Group Chairman Neak
Oknha Chen Zhi (陳志公爵) has also answered the call for assistance from the Cambodian Government to
combat the February 20 COVID-19 outbreak by announcing plans to donate US$3
million to anti-pandemic efforts. Towards the end of 2020, Chen Zhi also
committed US$3 million to help Cambodia purchase COVID-19 vaccines.
Over the
years, Prince Charitable Foundation has organized
more than 250 charitable events and donated funds and other materials worth
more than US$14 million, benefitting more than 500,000 people.
Prince Group
will continue to support Cambodians from all walks of life and take a holistic
approach to education support in the Kingdom, regularly engaging with the
best-in-class solution providers and seeking high-impact initiatives that will
ensure sustainable and enduring progress.
