Seoul Subway Fares Could Hit W1,300
Seoul Subway Fares Could Hit W1,300  |
| The operator of Seoul subway lines No. 5 to 8 is considering jacking up fares by W200 every two years to W1,300 by 2011 (US$1=W941). That means the public's transportation expense burden is expected to grow. When Seoul Metropolitan Rapid Transit Corporation confirms the plan to raise its fares, Seoul Metro, which operates lines No. 1 to 4, is likely to follow suit, leading to a fare increase across the city. According to the corporation's master plan report submitted to Seoul Metropolitan Council member Lee Youn-young on Thursday, it is reviewing a plan that would see subway fares rise by W200 once every two years through 2011. Starting at W900 now, basic subway fares would hit W1,100 in 2009 and W1,300 in 2011 based on transportation card fares, according to the plan. A fare of W1,300 would be a whopping 44 percent increase from the current fare. The plan to raise the fares is expected to encounter strong public opposition. |
