Free Parking Lot Access and Property Tax Exemption for Landowners

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gimhae City, Gyeongnam Province, is creating a temporary public parking lot on vacant land to alleviate parking difficulties in densely populated residential areas.


The city announced on the 26th that it will implement a project to create temporary public parking lots by obtaining land use consent from owners of long-term unused vacant land within the downtown area.


Applications for site provision have been accepted since the 17th, and temporary parking lots will be created by leveling the sites within the first half of this year and opened sequentially.


Landowners who consent to land use must provide the site free of charge for at least one year.


Temporary public parking lot utilizing vacant land prepared in Bonghwang-dong, Gimhae-si, Gyeongnam. <br>[Photo by Gimhae City Hall]

Temporary public parking lot utilizing vacant land prepared in Bonghwang-dong, Gimhae-si, Gyeongnam.
[Photo by Gimhae City Hall]

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According to the city, parking lots in the city area, including attached parking lots, total 25,021 locations with 301,249 spaces, and three temporary parking lots on vacant land with 235 spaces are currently operated.


The city plans to exempt landowners from property tax on the land and open the created public parking lots free of charge to residents.


For detailed information such as land use consent, inquiries can be made to the Traffic Innovation Division's Parking Facilities Team.



A Traffic Innovation Division official said, “If owners of long-term unused land have no plans to utilize the site for the next few years, we ask them to actively participate in the project,” and added, “We hope for much support to solve our city’s parking problems.”


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

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