KONI gets Rp 1b from Samsung

KONI gets Rp 1b from Samsung

JAKARTA: The National Sports Council (KONI) will be receiving
Rp 1 billion (US$111,000) in financial support from Samsung
Electronics Indonesia (SEIN), in a deal signed here on Thursday.

"The support stems from our perception of the mutual benefits
sports provide the nation's interests," KONI chairman Wismoyo
Arismunandar said after the signing.

SEIN was represented at the signing by president director Oh
Suck-ha and marketing manager Lee Kang-hyun.

The deal is the latest financial support package KONI has
sealed during its fund-raising campaign ahead of Indonesia's
participation in the 2002 Asian Games, which will take place in
Busan, South Korea, from Sept. 29 to Oct. 14.

KONI has budgeted Rp 32.5 billion for the quadrennial Asian
sporting showcase, for which it is currently training 114
athletes to compete in 19 events.

Lee Kang-hyun said the money donated to KONI was part of
SEIN's Asian Games promotional program in Indonesia, for which it
had set aside $1 million. -- JP