Bangkok, Thailand, December 1, 2024 / TRAVELINDEX / Wallapa Traisorat, CEO and President of Asset World Corp Public Company Limited (AWC), Thailand's leading integrated lifestyle real estate group, has been awarded the "Businesswoman of the Year 2024" award by the Thai Chamber of Commerce and the Thai Ministry of Commerce. This prestigious award recognizes Ms. Traisorat's outstanding entrepreneurial achievements and her role as a role model for female entrepreneurs, while also highlighting the crucial contribution of women to Thailand's economic and social development.

The award was presented at the 42nd National Chamber of Commerce Seminar honoring women with outstanding achievements. The seminar was organized by the Thai Chamber of Commerce and the Thai Ministry of Commerce. The event was chaired by Mr. Sanan Angubolkul, Chairman of the Thai Chamber of Commerce and the Thai Ministry of Commerce. Also present was Khunying Natthika Wattanavekin Angubolkul, advisor to the selection committee. The award ceremony took place on November 23, 2024, at the NICE HALL in the Nongnooch Tropical Garden in Pattaya, Chonburi Province.

Ms. Wallapa Traisorat, CEO and President of Asset World Corporation Public Company Limited (AWC), said: “I am deeply honored and would like to express my gratitude to the Thai Chamber of Commerce and the Thai Commerce Board for the ‘Outstanding Businesswoman of the Year 2024’ award. I also congratulate all the female entrepreneurs who received this award today. This prestigious recognition is an inspiration to all female entrepreneurs to continue contributing to the economy, society, and nation, and to promote sustainable growth.”

As the founder of AWC, Ms. Wallapa has demonstrated visionary leadership, guiding the company through significant milestones. In 2019, under her leadership, AWC achieved its historic initial public offering (IPO) on the Stock Exchange of Thailand (SET) – the largest IPO ever on the SET and the largest global real estate IPO in five years. This milestone marked a proud achievement for AWC, uniting a portfolio of world-class, award-winning projects to promote tourism and strengthen Thailand's position as a sustainable global tourism destination.

AWC has maintained its commitment to industry growth through continuous project development. During the COVID-19 pandemic, AWC seized every opportunity to best serve all stakeholders, including its employees. Despite the challenging circumstances, the company continued its growth trajectory, creating jobs and generating significant added value for the economy and society. Under its leadership, AWC's total asset value increased from over 90 billion THB in 2019 to more than 195.2 billion THB in 2024. AWC remains confident in achieving strong and sustainable growth through partnerships with government and private sector partners, as well as with local communities.

Furthermore, Ms. Wallapa's visionary approach, reflected in AWC's motto "Building a Better Future," focuses on fostering growth by creating comprehensive added value for all stakeholders along the value chain. This vision is implemented through the 3BETTERs framework: Better Planet for environmental strategies, Better People for sustainable business practices, and Better Prosperity for good governance and equitable economic growth. The goal of this framework is to position Thailand as a leading destination for sustainable global tourism. AWC's commitment has garnered international recognition, including its ranking as number one in the hotel, resort, and cruise industry by S&P Global and its placement in the top 1% of S&P Global's Sustainability Yearbook 2024. In 2023, AWC was also included in S&P Global's Dow Jones Sustainability Indices (DJSI), further solidifying the company's reputation for outstanding sustainability.