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.