2018 Winter Olympics Awarded to Pyeongchang, South Korea
The 2018 Winter Olympics will be held in Pyeongchang, South Korea, the
International Olympic Committee announced on Wednesday, awarding the games to
the city that finished second in the competitions for the 2010 and 2014 winter
games.
South Korea, which has hosted the Summer Olympics once, built its candidacy for
2018 on a proposal to expand winter sports in the lucrative Asian market. Its
budget for 2018 was far more extravagant than rival bids — $1.5 billion for the
actual Games and $2 billion to $6 billion for infrastructure projects, according
to news reports. The winter games have been held twice before in Asia, in 1968
and 1998, both times in Japan.
Pyeongchang won on the first ballot of a secret vote of delegates of the I.O.C.,
prevailing over Munich and Annecy, France. Voting took place at a general
assembly of the organization in Durban, South Africa.
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