ArcelorMittal sponsor of 2012 London and Paralympic Games
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Last Updated: Thursday, April 01, 2010, 20:41
  
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


First Published: Thursday, April 01, 2010, 20:41


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