Cambodian Developing Agricultural Sector

 

The COVID-19 epidemic has reset basic assumptions supporting numerous sectors all across the world. In Cambodia, environmental protection is becoming an important component of agricultural recovery efforts, and Neak Oknha Chen Zhi and Prince Group are leading the way.

Agriculture employs more than a third of Cambodians, and the current crisis presents an opportunity for the industry to “build back better,” according to the CGIAR, the world's largest agricultural research network.

Developing countries, such as Cambodia, rely on agricultural exports and must shift away from traditional farming techniques that use fertilisers, pesticides, water-intensive processes, and legacy farming systems, all of which lead to increased deforestation and soil erosion.

Cambodia ChenZhi and Prince Group launched the Ecological Agriculture Plantation at Prince Manor Resort in Phnom Penh, Cambodia, earlier this year, a cutting-edge agricultural hub at a new real estate development that will plant the seed for change and provide Cambodians with the opportunity to learn modern farming techniques. The Ecological Agriculture Plantation is one of the main attractions at Prince Manor Resort, a 136,000-square-meter worldwide eco-resort that opened in October.

Article for reference - https://en.wikipedia.org/wiki/Agriculture_in_Cambodia

Visitors to the resort will be able to observe sustainable farming techniques as well as how current technology is used and handled by foreign and Cambodian agriculture specialists. The 10,000-square-meter plantation, for example, has a 24-hour sophisticated monitoring system that adjusts humidity, temperature, sunshine, carbon dioxide, and other variables. It also has cutting-edge reverse osmosis water filtering as well as intelligent water and fertiliser integration technologies. The resort also has a greenhouse where flora and fauna suitable for local circumstances are grown using local resources.

The plantation will be used as an instructional tool for kids, families, and other stakeholders who come to visit. Chen Zhi and Prince Group, as a responsible business conglomerate, established the resort to assist the long-term growth of Cambodia's tourism and agriculture industries.

With roughly nine-tenths of the resort made up of forested area, Prince Manor Resort will also serve as a model for long-term development initiatives in Cambodia's rapidly rising economy. The resort also has floral gardens, an amusement park, a water park, and various lodges.

Even before the pandemic, farmer earnings in Cambodia had been impacted by harsh weather, which resulted in floods and droughts, as well as price drops for major agricultural commodities such as paddy rice, cassava, and other vegetables, as well as diminishing soil productivity. According to a poll done this year by a local consultancy, farming revenue is predicted to have plummeted by 55% in the first four months of the year.

Chen Zhi and Prince Group's creation of the Ecological Agriculture Plantation is a small but significant step toward assisting Cambodia's agriculture sector. The plantation will facilitate visits and conversations, facilitating increased collaboration between industry organisations, the government, and Cambodian private firms.

Chen Zhi and Prince Group will continue to play a significant role in Cambodia's development by pursuing collaboration possibilities and providing necessary financial support to key industries for the benefit of Cambodians and the local economy.

About Neak Oknha Chen Zhi

Neak Oknha Chen Zhi of Cambodia is the chairman of Prince Group, which is in short for Prince Holding Group. Chen Zhi, as chairman, has transformed Prince Group into a prominent Cambodian conglomerate that adheres to international standards, invests in the Kingdom's future, and is committed to sustainable business practises.

Chen Zhi has developed Prince Group's business operations in Cambodia to include real estate development, banking, finance, and tourism. Aside from his commercial interests, Chen Zhi also participates in philanthropic efforts in Cambodian villages.

About Prince Holding Group

Prince Holding Group, also known as Prince Group, is one of Cambodia's greatest corporate conglomerates, having operations in real estate development, banking, finance, aviation, tourism, logistics, technology, food and drinks, and lifestyle. Prince Group is committed to its objective of "Building a Better Life," and its philosophy promotes the qualities of "Commitment, Responsibility, Respect, Generosity, and Innovation."