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Construction Of International Chess Academy To Begin In Armenia In S

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  • Construction Of International Chess Academy To Begin In Armenia In S

    CONSTRUCTION OF INTERNATIONAL CHESS ACADEMY TO BEGIN IN ARMENIA IN SPRING 2013

    YEREVAN, January 21. /ARKA/. International Chess Federation (FIDE)
    President Kirsan Ilyumzhinov, speaking Saturday at FIDE board's
    session in Tsakhkadzor, Armenia, said he, along with Armenian
    President Serzh Sargsyan, who is also the president of Armenian
    National Chess Federation, will attend the ceremony of the cornerstone
    laying ceremony for construction of the International Chess Academy
    building in Yerevan.

    Novosti-Armenia quotes him as saying that investors and businessmen
    from Moscow and Europe meet with the Yerevan mayor now and search a
    place for the construction.

    Ilyumzhinov said that Businessmen, who are members of the board, came
    to Armenia with him and discussed also prospects for investments in
    construction of a garbage-recycling plant, power plants and a hotel.

    "We have brought a total of $100-million investments with to
    Armenia," he said. "This is not a small amount. This is new jobs and
    taxes." Ilyumzhinov also said that not only chess, but Armenia as a
    whole is vigorously developing now.

    "In three of the last four Olympiads, golden medals have been pulled
    off by Armenian chess players," he said. "This result has naturally
    come from the titanic everyday work of the chess federation and the
    entire state."

    He said that sportsmen are not able to win Olympic gold without
    support from the government. -0-

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