Jakarta. The Indonesia Asian Games Organizing Committee, or Inasgoc, reached a deal with six state-owned companies to sponsor next year's Games.
Inasgoc will receive a combined Rp 500 billion ($36.8 million) injection from the companies, which include telecommunications giant Telkom, phone operator Telkomsel, oil and gas company Pertamina, Bank Rakyat Indonesia, Bank Negara Indonesia and Bank Mandiri.
Vice President Jusuf Kalla, who is head of Inasgoc's steering committee, oversaw the finalization of the agreements at his office in Jakarta on Wednesday (25/10).
"This milestone is monumental. So, if there's an Indonesian athlete winning a gold medal, he will be seen along with Indonesian brand logos on the back, not foreign brands," Kalla said as quoted in a press release received by the Jakarta Globe.
"We're happy with commitments shown by the six state-owned companies. Sponsorship is one of four ways we generate income, besides gate receipts, broadcasting rights and merchandising," Inasgoc chairman Erick Thohir said.
"Mr. Kalla also advised us to prioritize backings from locals for making benefits to our economy," he added.
"Now we're sure the event will become successful."