Gyeonggi-do to Convert 12 Privately Operated Wide-Area Buses to Semi-Public Operation System
5 Cities and Counties, 12 Routes, 110 Vehicles ‥ Operating as 'Public Bus' from the First Bus on the 1st of Next Month
[Asia Economy Reporter La Young-cheol] Twelve metropolitan bus routes in Gyeonggi-do, which were operated on a private basis, will be converted to 'Gyeonggi-do Public Bus' starting from the first run on September 1.
According to Gyeonggi-do on the 31st, the routes to be converted and operated as Gyeonggi-do Public Bus include a total of 12 routes with 110 buses across 5 cities/counties: ▲1 route in Gwangmyeong-si ▲7 routes in Yongin-si ▲1 route in Paju-si ▲1 route in Pyeongtaek-si ▲2 routes in Hwaseong-si.
As a result, out of 245 direct-seat type city bus routes with 2,338 buses in the province, about 90%, totaling 220 routes with 2,070 buses, will be operated as Gyeonggi-do Public Bus.
The newly added 12 routes will be operated under a limited license, with the initial license period set at 5 years. Depending on the service evaluation results, the license can be extended once for an additional 4 years, allowing a maximum of 9 years of route operation rights.
To this end, the province completed preparatory procedures such as recruiting and selecting transportation operators and pre-operation inspections through a bidding announcement in June.
Previously, the province converted 70 direct-seat type city bus routes, which were operated under the 'Revenue-Sharing Management Type (Su-gong Type),' to Gyeonggi-do Public Bus as of August 1.
'Gyeonggi-do Public Bus' is a semi-public bus system introduced and implemented by the province since 2019 to eliminate the problems of the 'Su-gong Type' semi-public system implemented in Seoul and other cities.
While it similarly guarantees the deficit portion of transportation operators with public funds as in the existing 'Su-gong Type' semi-public system, unlike the 'Su-gong Type' which grants permanent licenses, the public sector owns the route rights and entrusts operation rights for a fixed period to transportation operators selected through open competitive bidding.
Hot Picks Today
"Samsung Electronics Employees Commute by Shuttle Bus"... More Than 5,000 Homes to Be Supplied in Seoul and Busan [Real Estate A to Z]
- “We’ve Hit Bottom”: Samsung Electronics and SK hynix “Undervalued at Global Financial Crisis Levels” Set for W-Shaped Rebound - But When? [Weekend Money]
- Gen Z Angered by Indonesia Wildfires, Protests Against Government Response Spread Nationwide
- "Please Enjoy Your Meal," Lee Suman Rings the "Golden Bell" and Gives a Customer a Bracelet... Spotted at a Barbecue Restaurant
- "If This Airs, I'm Dead"... Why a Restaurant Refused to Let Jeon Hyunmoo's Show Film
Heo Nam-seok, Director of the Gyeonggi-do Transportation Bureau, stated, "We will drastically improve services to realize public transportation in Gyeonggi-do that is more convenient than private cars."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.