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 2013 Incheon AIMAG has better chance of getting financial support from Korean central government

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2011-12-23
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2013 Incheon Asian Indoor & Martial Arts Games (AIMAG), the test event for the 2014 Incheon Asian Games, will get a better chance of getting financial support from the Korean central government.

The Korean National Assembly's Special Committee for Pyeongchang Olympic Winter Games and International Sports Events met for a legal review session on December 22 for amendments to the Acts relevant to the 2014 Incheon Asian Games, 2014 Incheon Asian Paralympic Games, and the 2015 Gwangju Universiade.

The 2013 AIMAG had been under a legal oblivion with the central government, because hosting it had been decided without advance approval from the central government, and also because the National Assembly had been preoccupied with the Korea-US Free Trade Agreement issues for the past few months.  But thanks to some National Assembly members from Incheon, it is being reviewed under relevant legal Acts.

If it is included in the relevant Acts, the 2013 AIMAG, which will be organized as an official international sporting event under the supervision of the Olympic Council of Asia, will get a legal basis for getting a 30% of its budget provided by the Korean central government, along with accommodating the athletes, officials, and media, and their equipment duty-free.  This will save Incheon approximately 10 billion won, and will greatly increase the facilitation of customs and event security.

 

이전글
2014 Incheon Asian Games Organizing Committee (IAGOC) will hold an expert seminar on the theme of production of opening and closing ceremonies of the 2014 Games.2011.12.19
다음글
IAGOC President visits COC2012.01.10

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