Yongsan-gu Reduces Private Business and Individual Road Occupancy Fees by 25% (630 Million KRW)

Sending road occupancy fee reduction notices without separate application to help with economic difficulties due to COVID-19... 629.3 million KRW reduction for 982 regular road occupancy cases

[Asia Economy Reporter Jongil Park] Yongsan-gu (District Mayor Seongjang Hyun) will provide a 25% reduction on the 2021 regular road occupancy fees.

This is to alleviate the difficulties residents are experiencing due to the prolonged COVID-19 pandemic and to revitalize the stagnant local economy.

The reduction applies to all private businesses and individuals within the district. Public institutions, local public enterprises, and public interest facilities (such as electric, telecommunications, and gas facility businesses) are excluded from the reduction.

Road occupancy fees are charges imposed on those who occupy and use part of the road after obtaining road occupancy permission according to Article 61 (Permission for Road Occupancy) and Article 66 (Collection of Occupancy Fees) of the Road Act.

By facility type, the cases are divided into ▲vehicle access roads 503 cases ▲protruding signboards 200 cases ▲private guide signs 107 cases ▲street vendors and street shops 114 cases ▲connecting passages (aboveground and underground facilities) 58 cases.

To ease the economic burden on the eligible parties, the district postponed the collection of road occupancy fees billed in March until June and sent out notices with a 25% reduction applied uniformly on the 10th without a separate application process.

As a result of this measure, it is expected that the burden of road occupancy fees for 982 regular cases will be reduced by approximately 629.3 million KRW in total.

Seongjang Hyun, Mayor of Yongsan-gu, said, “Following last year, we are again implementing a 25% reduction on road occupancy fees this year. We hope this will provide some help to residents facing economic difficulties due to COVID-19.”

Meanwhile, last year the district also applied a 25% reduction on 1,188 regular road occupancy fee cases, reducing about 643 million KRW.

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