AWC Partners with Chiang Mai Government to Launch First Electric Tram in Thailand

Key summary

Asset World Corp (AWC) has joined forces with the Chiang Mai provincial government, private sector entities, and local communities to develop the Chiang Mai Tram by Lannatique. This project will feature a clean energy electric tram system connecting 15 stations across key tourist sites, historical landmarks, and cultural heritage locations within the city's moat area. The initiative aims to promote sustainable urban development, integrate tourism routes with community economic growth, advance transportation infrastructure using technology, support environmental conservation, and preserve Lanna identity, art, and local culture. AWC CEO Wallapa Traisorus described the project as a 'living museum' concept that links hotels, tourist attractions, commercial areas, lifestyle experiences, and communities to create a sustainable cultural journey. Pichai Leephongadisor, Chairman of the Chiang Mai Provincial Administrative Organization, highlighted the collaboration as a significant step toward integrating public and private sectors to drive economic development, tourism, transportation, technology, and heritage preservation while improving residents' quality of life.