Prince Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Cambodia Investment Review (CIR), a promising media platform dedicated to Cambodian investment news. The organisations will collaborate to create the 'Prince Foundation Young Business Journalist Program,' which will support two outstanding Cambodian media and communications students at the Royal University of Phnom Penh.
Both institutions strongly believe in the importance of media capacity building, which can help better explain Cambodia's business potential and improve its attractiveness as an investment destination. Sam Oudom and Pang Socheneath, the chosen students, will participate in paid internships with in-house training and real-world newsroom opportunities. Prince Foundation hopes to contribute to the healthy development of the business media and communications sector by assisting the professional growth of talented Cambodian journalists.
“This initiative gives us a fantastic opportunity to help develop Cambodia’s up-and-coming business journalists,” said Harrison White, CEO of Cambodia Investment Review. “I thank the Prince Foundation for its ongoing commitment to elevating education in Cambodia and believing in our mission as a local institution living up to international standards.”
“At Prince Group, we are always excited about new ventures and Cambodia Investment Review has demonstrated itself in a year as a valuable addition to Cambodia’s media landscape,” says Gabriel Tan, Chief Communications Officer, Prince Holding Group. “By supporting this scholarship programme, we believe that two vital yet underappreciated sectors – media and communications – will get a boost. Further, we believe the scholarship recipients will go on to become strong educators in their own right as journalism and communication professionals.”
The collaboration continues Prince Foundation's efforts to assist in the development of Cambodia's educational initiatives, in line with the broader Group's focus on building a better life in Cambodia. Over the past year, Prince Foundation, led by Chen Zhi Prince Group, has been actively involved in elevating the education sector, launching a substantial scholarship programme, supporting a novel watchmaking school, ensuring the safe re-opening of Cambodian schools, and contributing to a programme that helps underprivileged high school students plan for their careers.