BAM Carbon Credit Model for Sang Thon Noi Community

Matichon•Economy•3d ago

Reader Briefing

Bangkok Commercial Asset Management Public Company Limited (BAM) partners with the Mae Fah Luang Foundation to convert non-performing assets into green spaces for carbon credits and community development.

•BAM and the Mae Fah Luang Foundation are developing a 33-2-0 rai plot of land in Sang Thon Noi Subdistrict, Amnat Charoen Province.
•The project aims to restore ecosystems, absorb greenhouse gases via T-VER standards, and create jobs for the local community.
•BAM is shifting its business model to use AI for market demand analysis and targeting specific asset types like hotels and office buildings.
•BAM reported a target net profit of at least 2,000 million baht for the year.

Overview

•BAM and the Mae Fah Luang Foundation are transforming a plot of land in Sang Thon Noi Subdistrict into a green asset to create economic and social value.
•The project area consists of 33-2-0 rai valued at 7,035,000 baht, with 31 rai dedicated to forest restoration using 20 local tree species.
•The 31-rai forest area is expected to sequester approximately 29.45 tons of carbon dioxide equivalent per year under T-VER standards.
•BAM has allocated 2 rai for community economic and social use, including agricultural markets and local product promotion for over 6,390 residents.
•Dr. Rak Vorakitphokatorn stated that the investment is intended to upgrade asset quality and build long-term corporate sustainability.
•In the first half of 2026, BAM purchased approximately 10,000 million baht in new assets and expects to buy another 10,000-20,000 million baht in the second half.
•BAM is introducing "BAM Premium" to target middle-market and wealth clients with assets valued between 30-50 million baht.
•BAM has shifted from bulk buying debts to using AI to analyze market demand to avoid holding assets that are difficult to sell, such as single houses.

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Source: Matichon (Original)

Key Quotes

Dr. Rak Vorakitphokatorn

"Currently, hotel-type assets are the easiest to sell, and after the company's portfolio adjustment in the past, I think BAM looks very sharp."

ปัจจุบันทรัพย์ประเภทโรงแรมถือว่าขายได้ง่ายที่สุดในช่วงนี้ และหลังจากการปรับพอร์ตของบริษัทในช่วงที่ผ่านมาผมคิดว่า BAM หล่อมาก

Key Entities

Organization

Bangkok Commercial Asset Management Public Company Limited(บริษัทบริหารสินทรัพย์ กรุงเทพพาณิชย์ จำกัด (มหาชน))

An asset management company known as BAM that manages non-performing assets (NPAs) and non-performing loans (NPLs).

Mae Fah Luang Foundation under Royal Patronage(มูลนิธิแม่ฟ้าหลวง ในพระบรมราชูปถัมภ์)

An organization focusing on forest restoration and community strengthening for over 40 years.

Place

Sang Thon Noi Subdistrict(ตำบลสร้างถ่อน้อย)

A local area in Hua Taphan District, Amnat Charoen Province, where the green space project is located.

Hua Taphan District(อำเภอหัวตะพาน)ℹ️

The district in Amnat Charoen Province containing Sang Thon Noi Subdistrict.

Amnat Charoen Province(จังหวัดอำนาจเจริญ)ℹ️

The province where the project area is located, characterized by a small population and specific income averages.

Person

Thongurai Limpiti(ทองอุไร ลิ้มปิติ)

The Chairperson of Bangkok Commercial Asset Management Public Company Limited (BAM).

Rak Vorakitphokatorn(รักษ์ วรกิจโภคาทร)

The Chief Executive Officer of Bangkok Commercial Asset Management Public Company Limited (BAM).

Dispanadda Diskul(ดิศปนัดดา ดิศกุล)

The Secretary-General and CEO of the Mae Fah Luang Foundation under Royal Patronage.

Policy

Thailand Voluntary Emission Reduction Program (T-VER)(โครงการลดก๊าซเรือนกระจกภาคสมัครใจตามมาตรฐานประเทศไทย (T-VER))

The standard used for the greenhouse gas reduction project on BAM's land.