Page 40 - BTSGroup ONE REPORT 2021/22_EN

38 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l

Figure 2: Number of new private vehicle registration from 2017-2021 Figure 3: Bangkok mass transit market share (forecast 2022-2042)
(Unit: Thousand Cars)

2,935 2,951 2,901

2,504 2,545 79% 68% 66% 64% 65% 65%

33% 33% 33%
31%
30%
13%
2017 2018 2019 2020 2021 2017 2020E 2027E 2032E 2037E 2042E
Rail mass transit Bus Van Ferry Commuter train

Source: Department of Land Transport Source: The Office of Transport and Traffic Policy and Planning (OTP)

The introduction of the BTS SkyTrain since December 1999 has facilitated As mass transit is one of the key priority schemes for the public sector,
passengers wanting to shift from road traffic to rail mass transit. Subsequently, the OTP has developed a 20-year Mass Transit Master Plan (M-MAP 2) for
rail mass transit usage in Bangkok (as measured by market share) has been the Bangkok Metropolitan area (Bangkok and five adjacent provinces, consisting
growing progressively and it is expected to rise further from 13% in 2017 to of Nakhon Pathom, Pathum Thani, Nonthaburi, Samut Prakan and Samut
33% in 2042 (figure 3). The Office of Transport and Traffic Policy and Planning Sakhon), with a 20-year timeframe, from 2010-2029. The M-MAP 2 sets forth
(OTP) forecasts that rail mass transit’s market share will continue to grow as 14 mass transit lines covering a total network length of 553.4 km and 362

its network expands to cover further parts of Bangkok. stations. (Figure 4 and Table 3); 10 out of 14 mass transit lines or 464km out
of 553.4km, have been prioritised under a stimulus package following the
Cabinet’s approval. Figure 5 summarises the progress of the prioritised lines.