Mr. Chaiwat Kovavisarach (left) and Prof. Worsak Kanok-Nukulchai.The Asian Institute of Technology (AIT) received its largest-ever single corporate grant in the form of 50 million Thai Baht towards the establishment of the Bangchak Initiative and Innovation Center at AIT (BIIC@AIT) — a venture which aims to act as a living laboratory and technology business incubator.