Yongin City Offers Up to 44 Million KRW Support for Opening Private Facility Parking Lots

Resolving Parking Shortages in Densely Populated Residential and Commercial Areas
CCTV and Barrier Installation, Parking Line Maintenance, and More

Yongin City, Gyeonggi Province, announced on the 17th that it will provide up to 44 million KRW in support for facility installation costs such as CCTV for private facilities that open parking lots in densely populated residential or commercial areas.

A view of the parking lot at Seoksan Building in Mapyeong-dong, Cheoin-gu, where parking is provided free of charge to residents through Yongin City's open parking lot project. The city supports up to 44 million KRW in facility installation costs for private facilities participating in the project. Provided by Yongin City

Since 2021, the city has been implementing the 'Open Parking Lot Support Project' to alleviate parking difficulties. By the end of last year, 18 facilities participated in this project, and except for one whose open period ended, 17 facilities are providing 707 parking spaces free of charge to citizens.

Facilities participating in the open parking lot project will receive full support from the city for facility improvement costs such as parking line maintenance, CCTV, and barrier installation at 480,000 KRW per parking space, up to a maximum of 44 million KRW. Eligible applicants are private facilities such as apartments, schools, religious facilities, large marts, and commercial buildings that can open at least 5 parking spaces to residents for more than 2 years.

Managers or resident representatives of facilities wishing to apply can download the application form from the city’s website, fill it out, and submit it in person to the Transportation Policy Division. The city plans to select support recipients by comprehensively evaluating the severity of parking difficulties in nearby areas, the number of parking spaces in the open parking lot, convenience, and other factors.

A city official said, "The open parking lots currently in operation have greatly helped alleviate parking difficulties for local residents," adding, "We hope that many facilities will participate this year as well to solve regional parking problems."

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