GamesBids.com: Korea's National Assembly Supports PyeongChang 2018

Korea's National Assembly Supports PyeongChang 2018
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GB Staff on Wednesday, June 30, 2010  10:19am EDT
 
The National Assembly of Korea, the nations parliamentary institution, said
Wednesday it is pledging its support for PyeongChang's 2018 Winter Olympic bid.
The assembly officially declared the "Resolution of Support for Hosting the 2018
PyeongChang Olympic and Paralympic Winter Games" - an act which supports the
construction of new state-of-the-art sports venues and major improvements to the
regional transport infrastructure.
These improvements include constructing express rail links and upgrading access
roads between Olympic venues to ensure safe and fast travel for the Olympic
Family and spectators during the Games.
If PyeongChang is chosen host city of the 2018 Games, the National Assembly will
ratify a specific "2018 PyeongChang Olympic and Paralympic Winter Games Support
Law".
PyeongChang 2018 Chairman and CEO Yang-Ho Cho said, "we are delighted that the
National Assembly of Korea has declared its support for our bid and has made our
campaign to host the 2018 Olympic and Paralympic Winter Games a national
priority.
"Hosting an Olympic and Paralympic Winter Games is a major investment for a
country so we are very pleased that there is absolute commitment for our bid at
all levels of government and they have pledged to honour all required IOC
financial guarantees, including the funding of infrastructure development
costs".