ArcelorMittal sponsor of 2012 London and Paralympic Games

ArcelorMittal has become a tier-two sponsor of the 2012 Olympics and Paralympic Games to support the infrastructure and success of the mega-events.

Last Updated: Apr 01, 2010, 20:41 PM IST

London: ArcelorMittal has become a tier-two
sponsor of the 2012 Olympics and Paralympic Games to support
the infrastructure and success of the mega-events.

ArcelorMittal will fund ?16 million of the ?19.1 million
project, with the outstanding ?3.1 million provided by the
London Development Agency.

Chairman and CEO of ArcelorMittal Lakshmi Mittal and
Mayor of London Boris Johnson unveiled the artist and design
chosen to act as an iconic and permanent symbol of the 2012
games yesterday.

"The Olympic Games are one of the few truly iconic global
events. I was immediately excited by the prospect of
ArcelorMittal becoming involved because ArcelorMittal is a
global company with operations in more than 60 countries,"
Mittal said.

"And as someone who lives in this great city, I remember
the great excitement felt when it was announced that London
had been selected to host the 2012 Olympic and Paralympic
Games.”

"We set out to create a transformational piece of art
that will be an iconic symbol for the Olympics and also a new
landmark that will endure long after the Games themselves.”

"Everyone at ArcelorMittal is delighted with the outcome
of the ArcelorMittal Orbit. London will have a bold, beautiful
and magnificent sculpture that also showcases the great
versatility of steel," he added.

The ArcelorMittal Orbit, the largest artistic commission
in the world, will harness state-of-the-art engineering and
architectural techniques.

Constructed with steel provided by ArcelorMittal, the
sculpture will consist of a continuous looping lattice of
tubular steel and offer unparalleled view of the entire
Olympic Park and London`s skyline from a special viewing
platform.

PTI