Lumbini mega project: Chinese APEC inspection team in Nepal
Posted by Ram Kumar Shrestha on August 6, 2011
A team representing the Chinese government backed Asia
Pacific Exchange and Cooperation Foundation has landed in Kathmandu, August 6, 2011. The team comprises of related ministry officials from China.
The objective of the visit is to carryout study for preparing detailed plans for overall face-lifting of Lord Buddha’s birth place in Lumbini, Nepal.
The foundation has plans to invest US$3 Billion in Lumbini.
According to the Area Development Plan prepared by the foundation, Airport, Hotels, convention centers, new highways, Buddhist temples and a Buddhist University will be constructed in the area with the colossal amount.
“Today the team will be heading to Pokhara by land route and will finally arrive in Lumbini by tomorrow”, claim high placed sources.
Sources claim that the “inspection” team will be staying in Nepal for ten days or so.
Lumbini is located 172 KM South-West of capital Kathmandu.
In the first phase of Project an International Airport and a Railway fast track joining Kathmandu to Lumbini will be constructed.
The foundation has allocated some US$1.5 Billion for the first phase of the project.
The estimated time for completion of the project is nine years.
The Foundation will closely cooperate with the Ministries of Tourism, Physical Planning and Development and Communication during the project period.
Nevertheless, some pro-Indian media and political leaders have been openly objecting to the benevolent Chinese support for Lumbini claiming that it would be against India’s security interest in Nepal and a few who where supporting the Lumbini Development Project until the other day have mysteriously changed their stance. Lumbini mega project: Chinese APEC inspection team in Nepal.