Chiang Mai city bus route selection and policy development for co-investment between government and private investors

Abstract

One of the most severe problems in Chiang Mai is traffic congestion. One of the major causes of the problem is poor public transport. Poor quality of the service and its unreliable characteristic, together drives people to personal vehicle. Bus is determined to the key solution to improve the quality of current public transit service due to its reliable characters. Bus was once operated in Chiang Mai but because of the poor quality of service, poor coverage, and lack of fund from government causes the service bankruptcy. The co-investment, between government and private sectors, bus transit service is proposed to serve as the alternative means of public transport for people of Chiang Mai. The thesis acts as a guideline for establishment of co-investment public transit service. The route for the operation is selected according to the highest demand potential estimated through Sequential Model. Then the manner of co-investment are established with consideration of the successful future of the operation while remain the social service characteristic. Finally the project is analyzed, financial wise, to evaluate its financial ability and attractiveness of the project. The proposed system of co-investment bus transit service solves the four causes of the bankruptcy. The profit orientated, but under government supervision, solves the funding problem as well as drives the improvement of service quality. Carefully selected route, ensures the amount of demand and solve coverage area. And a good schedule suited the passenger's needs is determined from calculation and analysis of passengers needs. Therefore the proposed system is recommended to be used as a guideline for future co-investment public transit project