South Korea Exempts Route Buses and Late-Night Cargo Trucks from Highway Tolls for One Month
Translated from Korean, summarized and contextualized by DistantNews.
TLDR
- South Korea will exempt route buses and late-night cargo trucks from highway tolls for one month.
- The measure aims to alleviate the burden of high fuel costs exacerbated by the Middle East conflict.
- Tolls will be fully waived for route buses from April 16 to May 15, with a refund system in place.
In a move to ease the financial strain on essential transportation services, South Korea has announced a one-month exemption from highway tolls for route buses and late-night cargo trucks. This initiative, approved at a State Council meeting chaired by President Lee Jae-myung, directly addresses the rising fuel costs that have become a significant concern amid the ongoing Middle East conflict.
Starting April 16th, route buses will enjoy a 100% waiver on tolls for financial highways managed by the Korea Expressway Corporation until May 15th. The system will operate on a normal toll collection followed by a refund process at the end of the month, ensuring a smooth transition for users of the Hi-Pass system.
Similarly, late-night cargo trucks will see their existing toll discounts expanded to a full exemption. This applies to vehicles operating between 9 PM and 6 AM for closed sections and those passing through during specific hours for open sections. The government aims to support the logistics sector and mitigate the impact of high oil prices on the national economy.