The town of Bayambang in 2014 became known for setting the world record for the longest barbeque. The Guinness World Records recognized the feat after the local government led the preparation of a 8 kilometers (5.0 mi) barbeque as part of the town's 400th founding anniversary celebrations. The Bayambang municipal government planned to set a second world record and initially considered breaking the world record for the most number of sky lanterns flown set by Iloilo City which saw the setting off of 18,000 lanterns. The Bayambang government planned to fly 40,000 sky lanterns in 2016 but such plans were scrapped after the Department of Environment and Natural Resources banned such activity in the Philippines due to environmental concerns.[1]

The idea of constructing the St. Vincent Ferrer Statue is credited by the town's Mayor Cezar Quiambao to his wife Mary Clare Phyllis Quiambao who learned online of a bamboo structure about 30 meters (98 ft) high being constructed in Myanmar.[1] The couple are also devotees of the saint having got married at the St. Vincent Ferrer Parish Church of Bayambang.[2] The construction of the statue was an attempt to set a first time Guinness world record for the tallest bamboo statue. Guinness has set conditions in order for the statue to be given the world record recognition such as a publicly undisclosed minimum height and the perquisite that the statue's exterior be made primarily of bamboo.[3]

The groundbreaking ceremony for the whole St. Vincent Ferrer Prayer Park, the site of the statue took place on June 20, 2018.[4] The construction of the St. Vincent Ferrer Statue took around ten months which involved 608 men and a woman.[1] The prayer park project including the statue is privately funded by the Kasama Kita sa Barangay Foundation.[3]

An adjudication was held in the morning of April 5, 2019 to determine the actual height of the statue by Guinness World Records and confirm its world record claim.[5] The whole prayer park was inaugurated and opened to the public at night of the same day where the St. Vincent Ferrer Statue was declared as the world's tallest bamboo statue. The date coincided with the 400th anniversary of the founding of the Saint Vincent Ferrer Parish as an institution and the 600th anniversary of the death of the saint to whom the statue is dedicated.[6]