Countdown to PyeongChang 2018 Winter Olympics Begins

South Korea will spend $13 billion on the Games

South Korea Olympics Pyeongchang 2018
AP

The closing ceremony in Rio will start the clock ticking for 547 days until the next Winter Olympics take place in PyeongChang, South Korea, in 2018. 

Former Olympic skating gold medalist and organizer Kim So-Hee told NBC News “we are a little bit nervous, but we are so excited.” 

The Games’ nearly finished skating arena, one of six new facilities, will be ready in November to hold test events. At $13 billion, the games will cost nearly four times less than those put on in Sochi — the most expensive in Olympic history.  

PyeongChang won the bid to host the Games at the third event, having narrowly lost the votes won by Vancouver and Sochi.

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