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March 22, 2011
New corporate sponsor for PyeongChang 2018 Bid

The PyeongChang 2018 Bid Committee receiving the sponsorship donation from Taeyoung E&C. Photo/PyeongChang 2018

PYEONGCHANG, March 22, 2011 - The PyeongChang 2018 Olympic and Paralympic Winter Games Bid has been given a boost in the final three months of the campaign with a new national sponsorship agreement.

On Tuesday, 22 March 2011, Taeyoung Engineering & Construction presented a contribution of 300 million KRW (approx. 266,000 USD / 165,000 GBP), with a message promising support until the 2018 Host City decision in July 2011. Taeyoung Engineering & Construction is a prominent Korean construction company with a 35 year history.

Jong-Young Park, President of Taeyoung E&C 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.”

Yang Ho Cho, PyeongChang 2018 Bid Committee Chairman and CEO, said: “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. ”

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