News of the mountain project charter and mountain project, a $1.8 billion project for a proposed project on Mount Everest, has been released.
The project was launched in January and is currently in the planning stages for a final approval in 2019.
The project aims to build a high-quality resort and hotel on the summit of Mount Everest and also has a potential to transform Nepal into a tourism hub.
The mountain project is a major step in the long-term development of the country, with the potential to create up to 300,000 jobs.
“The project charter is a historic document, it was drafted by Nepal and was approved by the Nepalese Government,” the project’s development director, Jyoti Bhattacharya, told Business Insider.
“It provides for a process of dialogue with Nepal and with all stakeholders, including stakeholders from the surrounding region, so that Nepal will be able to deliver on the promises it has made.”
Project Charter is a key document to guide the construction of the project.
The charter provides for consultation with Nepal’s other stakeholders and other countries, including India and China, which will be key to the overall project.
Project Charter was approved in January 2019 by the Nepal government.
Read more: The mountain, Himalaya, and Nepal project charter outlines how the project will be financed, how the money will be invested, and where the money goes.
The Nepal government has said the project is in the final stages of final approval, but the company behind it is already planning to raise money to complete the project before the end of 2021.
“We are currently raising funds for the project charter for the Everest project, which is going to be done by 2020,” Jyotiraksha Bhatt, the project director, told The Hindu.
Jyotilaksha said that the project has been in the process of meeting with other stakeholders.
He said the government has set up an advisory committee, the Kathmandu-based Himalaya Development Forum, to advise on issues such as the funding and the project structure.
“As a result, we have already been meeting with a number of stakeholders to understand the project in detail,” he said.
“Some of these stakeholders have already expressed interest in financing the project.”
Jyoti said the Himalayan project has attracted attention in the region because of its promise of creating jobs and the potential for a tourism industry.
He added that the mountain’s proposed hotels will attract tourists from all over the world.
“Mount Everest is one of the most popular tourist attractions in the world and we think this project is going far beyond what any other tourism project has managed before,” Jeyotiragadda said.
“This project has the potential of creating a tourism sector of Nepal.”
Read more about Himalaya project: