• 2026.07.23 (Thu)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Incheon Residents Face Rising Toll Costs Amidst Expanding Toll Road Network

Desk / Updated : 2024-11-11 06:42:38
  • -
  • +
  • Print


Incheon, South Korea – Residents of Incheon are facing increasing financial burdens as the city's toll road network continues to expand. Despite numerous calls for toll reductions, particularly for the aging Gyeongin Expressway, the city is set to add six new toll roads to its existing eight, leading to higher transportation costs for commuters.

Currently, Incheon has eight toll roads, including six privately-owned and two government-operated highways. The city is planning to construct six more toll roads by 2034, which will further increase the number of toll gates that drivers must pass through.

One of the most contentious issues is the Gyeongin Expressway, which has been in operation since 1968 and has collected over ₩1.47 trillion in tolls. Despite the fact that the construction cost of the expressway was only ₩272 billion, the government has continued to collect tolls due to a policy known as the "unified accounting system," which allows for the collection of tolls on roads that have already paid for themselves in order to fund new construction projects.

Residents and local politicians have been calling for the abolition of tolls on the Gyeongin Expressway, arguing that it has outlived its usefulness and is no longer justified. However, the government has been reluctant to eliminate the tolls, citing the need to fund future infrastructure projects.

Other toll roads in Incheon, such as the Incheon Bridge and the Third Gyeongin Expressway, are also set to continue collecting tolls for several more decades. This has led to growing frustration among residents, who feel that they are being unfairly burdened by high transportation costs.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Desk
Desk

Popular articles

  • Black Tuesday: South Korea’s Semiconductor Giants Suffer Historic 17-Year Plunge

  • Hanwha Aerospace Forges Alliance with 49 Partners to Boost South Korea's Aviation Engine Ecosystem

  • AI-Driven 'Memory Super-Cycle': Samsung, SK Hynix, and Micron Eye 80% Operating Margins

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065562905705615 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall
  • AI Drones Take to the Skies in Revolutionary Hunt for Mosquitoes
  • The Gopher Miracle: How a 24-Hour Experiment Transformed a Volcanic Wasteland into a Lush Forest
  • Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization
  • South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won
  • TSMC Hits Record $40 Billion in Q2 Revenue Amid AI Boom, Pledges Additional $100 Billion for US Expansion

Most Viewed

1
Foreign Investors Return But Sell Off 'Samsung & Hynix' as Price Target Cuts Fuel KOSPI Peak Concerns
2
[Special Feature] Laying the Foundation for Korea's Informatization: Looking Back at the 1st Administrative Computer Network Project - Part 1
3
Baek Geum-ja Wooriot to Host 'Musical Costume Fashion Gala Show' at DDP
4
Hanwha Aerospace Forges Alliance with 49 Partners to Boost South Korea's Aviation Engine Ecosystem
5
ChatGPT Converses Like a Human: OpenAI Rolls Out 'GPT Live' to Eliminate Voice Delays
광고문의
임시1
임시3
임시2

Hot Issue

OpenAI Rebounds in Secondary Market as Valuation Surges 20% in Three Months

South Korea to Tighten Rules on Single-Stock Leveraged Products; Minimum Deposit Raised to 30 Million Won

KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers