HIMALAYAN NEWS SERVICE
KATHMANDU: The Indian Embassy, Kathmandu District Development Committee and Pasang Lhamu Mountaineering Foundation today signed a Memorandum of Understanding for Indian assistance of Rs 4.44 crores for the construction of Pasang Lhamu Sherpa Memorial College.
This is the 16th development project with Indian assistance in Kathmandu district under Nepal-India Economic Cooperation, the embassy said in a statement.
The foundation and college are named after national luminary Pasang Lhamu Sherpa, the first Nepali woman who climbed Mount Everest in 1993 but died during her descent.
The college, established in 2002, offers bachelor degree courses for over 1,400 students but its existing infrastructure is old and inadequate to accommodate all the students.
“The new four-storey college building will be able to accommodate the growing number of students,” the statement read.
Apart from this, five projects have already been completed with India’s grant of Rs 2.64 crores in Kathmandu, while work is ongoing for 10 small development projects with the total outlay of Rs 33.29 crores, according to the embassy.