Effects of hosting Olympic Winter Games

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Dramatic development in national development, and sustainable regional developmental asset

  • Upgrading Korea into the assembly of Developed Nations, and a sense of 'completeness' combined with Seoul 1988 Summer Olympics
  • A big step in proclaiming the national strength and reputation globally, as well as an opportunity to step up politically, economically, socially, and culturally.
  • An opportunity to lead the world in IT and Green Industry
  • An economic booster due to job creation
  • Potential to become the Asian hub of winter sports
  • An opportunity to improve relationship with North Korea through 'Olympic Movement'
  • A stimulant for regional development, and balanced modernization of the region compared to the rest of the country
  • An opportunity for national cohesion and sense of national pride

Positive Economic impact

  • Total productive value: $19 trillion
  • Supplementary productive value: $8.7 trillion
  • Creation of new jobs: 230,000

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