The Georgian Chess Federation is bidding to hold the Chess Olympiad 2018 and the World Cup 2017 in Batumi, a popular resort on the Black Sea.
The proposed budget for both events is exceeding 20 million USD.
1,6 million USD is allocated for the travel fund for 80 Nations, while around 2 millions USD will be spent on parallel development and promotion programs in Europe and the rest of the World.
All teams would have equal conditions with accommodation in 5-stars luxurious hotels.
Chess Daily News from Susan Polgar
This will be the best chess olympiad ever.