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This Article is From Apr 01, 2010

Steel from Mittal for London's Olympic monument

London: The mayor of London has unveiled the design of a 115-metre tall monument that will mark the 2012 London Olympics.

The structure, which will be built in the Olympic Park, has a strong India connection as it is designed by prize-winning artist of Indian-origin, Anish Kapoor, and is being funded by steel magnate Lakshmi Mittal.

This spiraling structure that incorporates the five Olympic rings will be London's answer to the Eiffel Tower. It will be taller than New York's Statue of Liberty, offering panoramic views of London.

Boris Johnson, Mayor of London, called the statue, "a legacy of the Olympics to London".

The statue will cost nearly 20 million pounds and fittingly 16 million pounds worth of steel for the structure is being given by Lakshmi Mittal, founder of Arcelor Mittal.

"Glad to be associated with this once in a lifetime opportunity", Mittal said.

The artist Anish Kapoor says he's tried to reflect the energy and spirit of the city of London in the monument, which will be an enduring legacy of the 2012 Olympics to London.

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