From 12 a.m. on Dec. 18, tolls on the Incheon Bridge will be reduced. For small passenger cars, the toll will drop 63% from 5,500 won to 2,000 won.
On the 16th, the Ministry of Land, Infrastructure and Transport said it signed an amended implementation agreement with Incheon Bridge, the project operator of the Incheon Bridge, to cut tolls. The move is aimed at lowering the public's toll burden.
Tolls by vehicle type will also be reduced. For compact cars, the toll will fall from 2,750 won to 1,000 won, and for midsize cars, from 9,400 won to 3,500 won. The toll for large vehicles will drop from 12,200 won to 4,500 won.
Earlier, in Oct. 2023, the Ministry of Land, Infrastructure and Transport (MOLIT) cut tolls on the Yeongjong Bridge. With this Incheon Bridge reduction, both expressways connecting to Incheon International Airport will have tolls at the level of fiscal expressways.
For the Yeongjong Bridge, after the toll cut, average daily traffic reached about 130,000 vehicles. As a result, from Oct. 2023 to Nov. this year, the toll burden was found to have decreased by about 320 billion won.
MOLIT expects that with this Incheon Bridge toll cut, daily commuters will save about 1.72 million won per year.
Kim Hong-rak, MOLIT's airport policy director, said, "It will substantially reduce transportation costs for the public and local residents using Incheon International Airport," adding, "We will also maintain the highest standards for bridge safety and facility management."