New sponsor for Korean bid

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Korea's SK group is the latest corporate organisation to sponsor the PyeongChang 2018 Olympic and Paralympic Winter Games Bid.

SK Group is one of Korea's top five business groups, with a portfolio of over 90 companies. Sang–Kon Nam, head of the SK Group Corporate Contributions Office, visited the PyeongChang 2018 Bid Committee headquarters in Seoul at the end of December 2010 to deliver a donation of KRW800m (approximately $690, 000) as part of the new sponsorship agreement. Sang–Kon Nam, head of the SK Group Corporate Contributions Office, said: " It is with great pleasure that I, on behalf of the SK Group, present this donation to PyeongChang 2018. SK is proud to be a part of this campaign to bring the Winter Games to Korea for the first time and we will continue to support the Bid right through to the IOC Host City decision in Durban. " Yang Ho Cho, chairman and CEO of the PyeongChang 2018 Bid Committee, said: " On behalf of the PyeongChang 2018 Bid Committee, I would like to express my thanks to the SK Group for adding their support to the Bid. It is a great boost to our Bid campaign as we look forward to highlighting how our Bid and core concept of New Horizons can help the Olympic Movement reach new markets. ","43

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