Suwon Begins Phased Reduction of 330 Excess Taxis

Suwon Special Metropolitan City (Mayor Lee Jae-joon) has begun taxi reduction work to address the problem of taxi oversupply.

According to the 5th Taxi Volume Notice, the appropriate total number of taxis for Suwon is 4,370 vehicles, while the current number of licensed taxis is 4,700, representing an oversupply of 330 vehicles.

Suwon held the "1st Suwon Taxi Reduction Committee Meeting of 2026" on the 14th at the Suwon Special Metropolitan City Council Communication Space, and deliberated on reduction-related agenda items including the annual reduction scale, compensation level for taxi reductions, and priority order for taxi reduction compensation.

Suwon Special Metropolitan City will formally launch the voluntary taxi reduction project beginning in 2027 to establish a sustainable taxi industry foundation. The reduction target for 2027 was decided to be 30 corporate taxis, with compensation of 50 million won per vehicle.

To maintain the appropriate total number, Suwon plans to prioritize reducing a total of 70 taxis: 30 in 2027 and 40 in 2028.

The items deliberated and decided at the Taxi Reduction Committee on the 14th will be finalized following deliberation and decision by the Gyeonggi Province Reduction Committee and approval and announcement by the Ministry of Land, Infrastructure and Transport.

Park Sun-hee, head of the Public Transportation Division at Suwon City, said, "We will work to gradually resolve taxi oversupply and improve management conditions in the taxi industry, while providing stable taxi services to citizens."