POSTED: March 22nd 2011
NewsUpdate
PyeongChang 2018 counts new sponsor with Korean construction firm
LAURA WALDEN / Sports Features Communications
TAMPA/SEOUL, March 22: The PyeongChang 2018 bid for the winter Games received another boost with a new sponsorship agreement from Taeyoung Engineering & Construction.
The new agreement foresees a contribution of 300m KRW ($266,000 / £165,000) and promises backing through the crucial IOC vote in three months time.
Taeyoung Engineering & Construction is a well known Korean company with a 35 year old history.
Head of Taeyoung E&C, Jong-Young Park, said: “We are delighted to be supporting the PyeongChang 2018 bid and we look forward to working with the bid team for the remainder of the campaign.
“It would be a wonderful honour for us to have the Winter Games come to Korea, and I know the region and its people would offer a very special welcome to all the athletes and fans from around the world.”
Bid ceo, Yang Ho Cho, added: “On behalf of the PyeongChang 2018 Bid Committee, I would like to express my thanks to Taeyoung E&C for supporting this bid.
"Over the course of the 2018 Winter Games campaign we have been delighted and moved by the level of support we have from corporations, our local and national government, and the overwhelming encouragement of the Korean people.”
PyeongChang, Annecy and Munich are all in the running for the 2018 winter Games. The IOC decides on July 6 in Durban.
Keywords · PyeongChang 2018 · Taeyoung Engineering & Construction · Olympic bidding · Yang Ho Cho · Jong Young Park
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