Nepal Floods Cause at Least $2.56 Billion in Property, Infrastructure Damage
- Nepal's catastrophic floods caused property and infrastructure losses worth at least 387.5 billion Nepalese rupees , according to Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority.
- The early recovery cost in the first four months, including rebuilding roads, temporary shelters, providing drinking water, and restoring power, is estimated at around $52.6 million.
- Approximately 20,000 houses need rebuilding in flood-affected areas, with at least 7,500 homes destroyed.
- The disaster was caused by a glacier collapse on August 26, sending floodwaters down the Trishuli River, killing over 1,250 people, leaving more than 4,200 missing, and displacing thousands.
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Nine days after the flood in Nepal, the Civil Protection Agency reports almost 1300 deaths. The search for survivors continues. The extent of the damage is becoming more and more clear.
Damage to property, housing and infrastructure after catastrophic floods in Nepal last week is estimated at at least 387.5 billion Nepalese rupees, or $2.56 billion, according to the head of the National Disaster Risk Reduction Authority, Dharma Raj Upreti. “For the first four months of reconstruction, about $52.6 million will be needed to build roads and temporary shelters, supply drinking water and restore electricity supply,” Upreti said. Nep…
A senior official of Nepal said today: The catastrophic floods that struck the country last month caused property, housing and infrastructure losses estimated at at least 387.5 billion Nepalese rupees, about $2.56 billion.
Nepal is facing one of the worst disasters in recent years, after the floods triggered by the collapse of a glacier. At least 1,252 people have died, more than 4,200 are missing, and about 20,000 homes will have to be rebuilt.
DAMAGE from floods in Nepal exceeds 2.5 billion dollars.
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