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
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.