The work on the statue started three year back with the financial support of Kamal Jain, owner of Hiltake water tank company. Jain, an Indian national, has been doing business in Nepal for the last 18 years.
The concept design of the statue was prepared by an Indian engineer, Maturam Verma. Five Indian sculpturers and 100s of Nepali workers are working in finishing the statue before Shiva Ratri, a festival of Shiva. NRs. 20 millions has already been spent in the construction of the statue.
Jain believes that the statue will be helpful in development of tourism in the area.
The builders claimed it to be the tallest statue in Asia, which is not true. The tallest statue in the world is a Buddha statue located in China (yes, in Asia) with a height of 420 ft. The statue includes a 20 m (66 ft) lotus throne. Placed on a 25 m (82 ft) pedestal/building. 153 m (502 ft) total monument height.
There are many statues taller than 108 ft. and many of them are located in Asia. But, it sure is one of the tallest statues in the world. Here is a list of tallest statues in the world. (source Ã¢â‚¬â€œ Nepal weekly)