Toll Fees Frozen on Three Private Roads in Gyeonggi-do Including Ilsan Bridge

Gyeonggi Province has decided not to raise toll fees on three privately funded roads, including Ilsan Bridge.

Gyeonggi Province has decided not to raise toll fees on three privately financed roads managed by the province, following the freeze on bus fares, to ease the financial burden on low-income households.

On the 31st, the province announced that for the second consecutive year, it will freeze toll fees on three privately financed roads managed by the province: Ilsan Bridge, Third Gyeongin Expressway, and Seosuwon~Uiwang Expressway.

This is the second public price freeze measure following the bus fare freeze in February.

The province explained that it decided to freeze the toll fees due to the heavy burden on low-income households caused by recent high inflation.

According to the implementation agreements signed between the province and the private operators, the toll fees on these three privately financed roads, for which the province is the competent authority, must be adjusted annually to reflect changes in the consumer price index.

In particular, due to the sharp rise in prices since last year, private operators submitted a "2023 Toll Adjustment Report" to Gyeonggi Province, proposing toll increases ranging from 100 to 400 KRW across all vehicle types.

However, the province submitted a proposal to the Gyeonggi Provincial Council on the 7th to freeze the toll fees. While the council agreed with the policy's intent, it expressed the opinion that "careful review is necessary considering the province's financial status and the low-income economy."

In response, for the Seosuwon~Uiwang Expressway, the province minimized toll increases by being the first in the nation to recover usage fee revenues.

Due to the toll freeze, the province will not issue a separate public notice. Starting April 1, the three private road operators will inform users of the freeze through electronic signboards and other means.

Ko Tae-ho, Director of the Road Policy Division of the province, stated, "The decision to freeze toll fees on the three privately financed roads, including Ilsan Bridge, was a difficult one made in consideration of the hardships faced by low-income households amid the economic downturn in Gyeonggi Province. We will comprehensively review the province’s financial status and economic conditions next year to decide whether to raise toll fees."

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