HONG KONG - IMAX Corp and New Tour Safaris have struck an agreement to build the first IMAX theaters in Mongolia.

The first two theaters will be installed in new Urgoo Cinemas complexes being constructed in Mongolian capital Ulan Bator.

The deal means that IMAX will have installations in 58 countries and territories.

"We are committed to delivering premium entertainment experiences and IMAX will serve as an extension of this strategy, which we are confident will both strengthen our business and set the stage for a new era in movie-going in Mongolia," said Anandbazar Tsogt-Ochir, chairman and CEO of SOD Mongol Group, the parent company of New Tour Safaris, in a prepared statement.

Urgoo Cinemas opened its first Warner Bros International Cinemas-designed multiplex in Ulan Bator in April 2009. The company says it aims to open seven to ten new multiplex cinemas in Mongolia over the next three to five years -- with an IMAX theatre designed in most.

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