Saturday, July 23, 2011

Foundation, UN to transform Buddha site

As part of a plan to raise $3 billion to turn Buddha’s birthplace in Nepal into a Mecca for Buddhists, a Hong Kong-based transnational foundation signed a memorandum last Friday with a United Nations agency that promotes industrialization in developing countries.

Buddha, or Prince Gautama Siddhartha, was born under this Sala tree around 623 BC in Lumbini, 171 km southwest of Nepal’s capital, Kathmandu, according to local legend.

The United Nations Industrial Development Organization will rely on its Beijing-based investment and technology promotion office for China to offer technical support for the project in Lumbini, Nepal....

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