PyeongChang 2018 Receives Hyundai and KAN Backing

January 26, 2011

The 2018 Winter Olympics Bid of PyeongChang has received further backing ahead of this year’s decision from the International Olympic Committee (IOC) on who will host the quadrennial event.

Approximately US$450,000 has been donated to the Bid Committee by Hyundai Motors Group, with a message promising support until the 2018 host city decision.

The Korean Association of Newspapers (KAN), an organisation that has 47 members comprised of daily newspapers and a news agency, has also agreed a sponsorship agreement which offers PyeongChang 2018 exposure via the member media outlets for the remainder of the bid campaign.

PyeongChang 2018 chairman and CEO, Yang Ho Cho stated: “On behalf of the PyeongChang 2018 Bid Committee, I would like to express great appreciation for the committed support from the Hyundai Motor Group and KAN. Their support and the nation’s passionate backing for our bid gives us an extra boost as we prepare for the important International Olympic Committee Evaluation Commission visit to PyeongChang next month.”