Namsan Cable Car pays 3.5 billion KRW in annual dividends under indefinite monopoly structure

[Era Report] "3.5 billion KRW in annual dividends"... The family that has held an 'indefinite' monopoly on the Namsan Cable Car link.naver.com#. In August 1961, three months after the May 16 military coup, the Ministry of Transportation issued a license to a company called Korea Aerial Tramway Industry to operate aerial tramways (cable cars) on Namsan, Seoul. The expiration of the license is subject to processes such as re-licensing and transfers of relevant laws.
Since the Korea Aerial Tramway Company participated in a bid in August 1961
It has continued until now
No license expiration date