The Staggering Expense Of South Korea's Olympic Games

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According to a report by Business Insider, the 2018 Winter Olympics will cost South Korea a total of about 12.9 billion-dollars, nearly twice the amount that the country projected when it won the bid in 2011. That staggering cost includes over 1.5 billion the country has spent on the Alpensia ski resort, which will serve as a main venue for the Olympic games. The Korean central government has also taken on half of the 62.6 million in costs for building a new stadium to house the games' opening and closing ceremonies in Pyeongchang.
businessinsider.com/winter-olympics-2018...
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