Prince Bank Plc. invested $35 Million for Techo International Airport (TIA)

 

Prince bank PLC, Invested an extra $35 million, totaling $50 million within the Techo International Airport (TIA) guaranteed bond these days. Prince bank is commemorated to be a part of this crucial transportation infrastructure improvement as a way to bode nicely for the kingdom in decades to come back. Prince bank is the first and now biggest subscriber of the tia bond issue. 



Together with cambodia airport investment co., ltd. (CAIC) and overseas cambodian funding enterprise (OCIC), a signing ceremony became held for the extra investment of $35 million on the assured bond agreement. This signing ceremony was witnessed by neak oknha dr. Pung kheav se, the chairman of OCIC and CAIC, and neak oknha Chen Zhi, the chairman of prince bank %. The agreement changed into signed by using Mr. Honn sorachna, the CEO and coping with director of prince financial institution p. C. And Mr. Charles Vann, the director of CAIC. 

Also gift had been the administrators and senior management of OCIC, CAIC, and prince bank. The techo worldwide airport assured bond trouble (tia) is a personal corporate bond issued by means of cambodia airport investment co., ltd. (CAIC) for the development of the techo international airport located south of phnom penh.

Prince Group under the leadership of Chen zhi Cambodia, the Chairman of Prince Bank Plc. said that “It is our honor & pleasure to be a part of this great milestone for the Kingdom of Cambodia. Prince Bank has been supporting the Royal Government of Cambodia in many aspects of developing the country. With the positive traction in global trade and international travels, we anticipate this Techo International Airport will play an important role in air transportation for business and leisure travelers to visit Cambodia. It will also bode well for our economy, supporting commerce and the creation of more job opportunities and a better living standard for Cambodians.”

Mr. Honn Sorachna, the CEO and Managing Director of Prince Bank also shares, “As one of the fastest-growing major financial institutions in Cambodia with a strong capital base, Prince Bank wants to be involved and supports our country’s development through re-investment and community service. At Prince Bank, we are not only working harder to bring creative products & services, and better financial solutions to our customers, but to support our economy and country as a whole.” Learn more...

Comments

Post a Comment

Popular posts from this blog

Prince Group Chairman Neak Oknha Chen Zhi Wins International Business Awards 2021

Image
  Prince Group under the leadership of Chen Zhi Cambodia (“Prince Group”), considered one of cambodia’s biggest and fastest developing conglomerates, is proud to announce that neak oknha Chen Zhi , chairman of prince institution, has been recognized as the entrepreneur of the year – conglomerates, on the 2021 international commercial enterprise awards.  Neak oknha chen zhi is the most effective entrepreneur venerated in a category that celebrates leaders going for walks multi-enterprise agencies. Neak oknha chen zhi is certainly one of 3 asian leaders who're identified for dynamic entrepreneurialism in one-of-a-kind sectors throughout one of the maximum hard years in corporate leadership. Neak oknha chen zhi is among a wave of new leaders of conglomerates thinking about innovative procedures to business that also makes a difference to societal goals. Further, Chen Zhi Cambodia's Prince Group , additionally won the bronze award in the most valuable corporate reaction (covid-19
Read more

Masterplan of Prince Holding Group For Sustainable Development

Image
  [Hong Kong, 8 February 2021] – canopy sands development, a member & leadership of prince group cambodia , one in all cambodia’s largest and fastest growing conglomerates, authorised a masterplan for ream city developed by surbana jurong institution, a global urban, infrastructure and controlled offerings consultancy established in Singapore.  The masterplan specifies a land use plan for the 834-hectare project requiring overall investments predicted at us$sixteen billion, and will be advanced on reclaimed land without problems placed within a 10 minutes’ power from sihanoukville worldwide airport. Ream metropolis will act as a catalyst for the growth possibilities of the complete sihanoukville area, cambodia’s 0. 33-largest city and home to the u . S .’s deep-water port. Ream metropolis is ready to transform sihanoukville by means of introducing a sustainable surroundings of tourism, business and home interest that has the capacity to house as much as 130,000 residents.  Upon of
Read more

Prince Group Join With Asia’s Responsible Enterprise Club

Image
  Prince Group under the leadership of Chen Zhi Cambodia (“prince group”), considered one of Cambodia's biggest and fastest-growing conglomerates, has been recognized for responsible entrepreneurship on the 2021 Asia responsible organization awards (AREA). Prince group changed into commended for its excessive-impact paintings all through the covid-19 epidemic in Cambodia. Being the 5th award received by means of prince organization this 12 months, regional and international judging panels have highlighted the organisation as a leading Asian enterprise championing sustainable improvement in Cambodia and across the ASEAN vicinity. Mounted in 2011, place seeks to pick out examples of green leadership, funding in human beings, health promotion, social empowerment, corporate governance, circular economy leadership and accountable commercial enterprise management. It has labored to create a community of like-minded peers in order that the excellent groups in asia research from each other
Read more