POCOG Executive Board Approves Plans and Budget for 2015SEOUL, January 09, 2015 – Today, the PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG) held the 19th Executive Board meeting at its Seoul office, with 18 Executive Board members were in attendance including POCOG President & CEO CHO Yang-ho, President of the Korean Olympic Committee (KOC) KIM Jung-haeng, President of the Korean Paralympic Committee (KPC) KIM Sung-il and Chairman of the Korea Skating Union KIM Jae-yeol.

In his opening speech, President Cho pledged precise and fast-paced preparations, saying that “In the remaining three years’ time, POCOG will bring everyone together and make through preparation efforts to stage successful Olympic and Paralympic Games in 2018.”

The meeting chaired by President Cho approved the proposed business plan and budget for the year of 2015. POCOG also laid out key goals such as in-time completion of Games-related facilities, organization reshuffle to be best suited for Test Events execution in 2016, planning of various cultural events including Opening & Closing Ceremonies, and plans for promotional activities.

Members of the Executive Board were also briefed on Games preparations progress up to 2014, including launch of new venues constructions.

Today’s passed business plan and budget for 2015 will come into effect as soon as they are approved by the Ministery of Culture, Sports & Tourism.

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The PyeongChang Organizing Committee for the Olympic and Paralympic Winter Games (POCOG) will host the XXIII edition of the Olympic Winter Games on 9-25 February 2018. Over 80 countries and 6,000 athletes are expected to take part in the first Olympic Winter Games to be held in Asia in 20 years. Seven sports comprising 15 disciplines will be on the official program.

The PyeongChang 2018 Paralympic Winter Games will take place on 9-18 March 2018, with approximately 50 countries and 690 athletes competing. Five sports are on the Paralympic program.
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