THAILANDSICThailand Standard Industrial Classification

TSIC Activity

49310

Urban and suburban passenger land transport (except via buses)

การขนส่งผู้โดยสารในเขตเมืองและปริมณฑลยกเว้นทางรถโดยสารประจำทาง

What this activity covers

This activity involves passenger transport in urban and suburban areas using fixed-route trains and trams, excluding buses.

  • Underground trains — Passenger transport via underground rail systems
  • Elevated trains — Passenger transport via elevated rail systems
  • Trams — Passenger transport via tram systems
  • Cable cars — Passenger transport via cable car systems
  • Funicular railways — Passenger transport via funicular rail systems

Not included here

  • Intercity Rail Passenger Transport See activity 49110

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 49

Domestic transportation by land, water or air, including the domestic airline business

Domestic transportation only. International carriage falls outside this item, and sector laws impose their own foreign shareholding caps.

FBA B.E. 2542, List 2, Chapter 1 (2)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

31
active companies operate here
฿48.0Bregistered capital, combined
฿19.1B
Sector revenue · 2025
+5% since 2023
฿3.4B
Net profit · 2025
13 profitable
202320242025

net profitrevenue

New in 2026

0+0.0%

registrations, YTD

Registered capital

฿48.0B+0.0%

since year-end

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

2
Registered
since 2022
2
Still active
0
Dissolved
฿500K
Median capital
of active

New registrations per year

2022peak 1 in 20222023

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand