The stadium, which price $100 million to construct and was finished in late 2017, is going to be useful for just 4 events – the opening and closing ceremonies with the 2018 Winter Olympics in February and Paralympic Winter season Video games in March. Following that, officials will tear down Pyeongchang Olympic Stadium, a 35,000-seat stadium built in a South Korean county with forty,000 residents, in lieu of enjoy it grow to be a “white elephant” like Olympic venues in previous host countries that fell into disuse.
Expenses with the opening ceremony itself are harder to pin down. The extravagant opening ceremony to the 2014 Winter Olympics in Sochi, Russia, highlighted many performers and value $780 million, the Guardian Opens a new Window. documented at the time. Other current opening ceremonies have been considerably less opulent. The function value $42 million to the 2012 Summer Olympics in London and around 50 % that sum with the 2016 video games in Rio de Janeiro, Brazil, according to Reuters.
This year’s opening ceremony in South Korea will incorporate a theme of peace, according to celebration organizers. Numerous South Korean musicians are scheduled to conduct in the celebration, that will air in additional than 200 nations.
“Peace is easily the most vital information, as we have been the sole divided country on the planet,” said Music Seung-whan, the overall director in the opening and closing ceremonies on the Winter season Olympics, according to Nikkei Asian Review Opens a brand new Window. . “We wish to allow the entire world learn about the ache of division and our desire for peace.”
The 2018 Wintertime Olympics are anticipated to price tag South Korea about $13 billion in complete – a big increase as compared to original estimates of about $7 to $8 billion. On the other hand, this year’s video games will however price much below the 2014 Winter season Video games in Sochi, Russia, exactly where the final tally purportedly bloomed to much more than $50 billion, in accordance on the Council on Overseas Relations.