Seoul Subway and Bus Base Fare Increase of 200~300 Won Proposed

[Asia Economy Reporter Baek Kyunghwan] It has been reported that the Seoul Metropolitan Government and the Seoul Metropolitan Council are discussing a plan to raise the basic fares of public transportation such as subways and buses by 200 to 300 won.

According to the Seoul Metropolitan Council on the 24th, the Seoul city administration and council members have reached a consensus on the need to raise subway and bus fares in Seoul for the first time in five years since the last increase in 2015, and are discussing specific measures.

Three proposals for the basic fare increase of subways and buses?200 won, 250 won, and 300 won?are being seriously considered. Although a 150 won increase is also under review, it is reported that the prevailing opinion is that its effect would not be significant.

The current basic fares for Seoul subways and buses are 1,250 won and 1,200 won respectively, based on transportation card usage. In particular, the Seoul Metropolitan Government and the council are also considering raising the additional fare for every 5 km of public transportation, which is currently 100 won, to 200 won.

Meanwhile, the Seoul Metropolitan Government and the council aim to apply this fare increase plan in the first quarter of next year and are expected to coordinate with other local governments in the metropolitan area, the Korea Railroad Corporation, and village bus associations.

This content was produced with the assistance of AI translation services.