Bids for the 2014 Asian Games

The city was bidding for the games on the basis of the expected economic benefits it could get from hosting the games, which included induced production of 13 trillion won (10.6 trillion won for Incheon), induced added-value of 5.6 trillion won (4.5 trillion won for Incheon) and induced employment of 270,000 people (200,000 for Incheon). At the same time, it was hoping that a special support law will pass the National Assembly to help renew its infrastructure such as roads, transportation and communication facilities. Many member states of the OCA who voted for Incheon were convinced of its advantage over New Delhi in terms of municipal infrastructure, overall environment, venue facilities, marketing capabilities and information technology.^[6][7]

The Bidding Committee stated that of the expected games cost of 4.9 trillion won (US$5.3 trillion), more than 54 percent of the funding or 2.7 trillion won of the total will come from the Incheon municipal government, while the rest will be covered by central government grants and corporate sponsorships.^[8] A 7-year program named the OCA-Incheon Vision 2014 program and costed US$20 million was established as part of the bid to support the countries that have not yet won a medal at the Games, by providing athletes training facilities, courses, coaches and the opportunity to train in South Korea.^[9][10]

Incheon previously hosted many international sports competitions including 2005 Asian Athletics Championships and was one of the host cities of the 2002 FIFA World Cup. South Korea last hosted the Games back in 1986 in the capital city of Seoul and 2002 in Busan, in addition to a Winter edition in 1999 in Gangwon Province.^[11] The bid logo was an image of Waves, Sun and Green Field.^[12]