Budapest vs Hamburg, LA, Paris and Rome in 2024 games bid
Budapest will compete against Hamburg, Los Angeles, Paris and Rome to host the 2024 Olympic Games, the International Olympic Committee said yesterday.
The IOC made the announcement after the deadline for submitting host applications for the games passed at midnight on Tuesday.
The IOC said it would contribute $1.7 bln in cash and services to the organizing committee for the Olympic Games 2024. Budapest and the Hungarian Olympic Committee sent their application to host the games to the IOC in July
The bid is supported by Parliament and the government. Hungaryʼs 2016 state budget allocates HUF 35.9 bln in support for the construction of a National Olympic Center.
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