...

Cost of Japan disaster estimated at 210 billion dollars

Other News Materials 24 June 2011 09:55 (UTC +04:00)
Direct damage from the March 11 earthquake and tsunami in north-eastern Japan was estimated at 16.9 trillion yen (210 billion dollars), the Japanese government said Friday.
Cost of Japan disaster estimated at 210 billion dollars

Direct damage from the March 11 earthquake and tsunami in north-eastern Japan was estimated at 16.9 trillion yen (210 billion dollars), the Japanese government said Friday.

Damage to houses and other buildings, such as factories, was around 10.4 trillion yen, the Cabinet Office said. The disaster, which left 15,482 people dead and 7,427 missing, destroyed more than 100,000 houses while about 500,000 were damaged, DPA reported.

Damage to farmlands, forests and fish-farming facilities was estimated at 1.9 trillion yen, the office said.

The office said utility infrastructure, such as water and gas, would cost 1.3 trillion yen to put back into service and rivers and roads would take 2.2 trillion yen to repair. Other public facilities were left requiring 1.1 trillion yen of work.

The estimates, based on reports from ministries and affected prefectures, would be reflected in a third supplementary budget for the current financial year, which ends March 30, to fund further disaster-recovery measures, the office said.

The second supplementary budget is currently undergoing approval, but observers expected a third, larger one to follow.

The figures released Friday did not include the impact from the nuclear crisis at the damaged Fukushima Daiichi Nuclear Power Station.

In late March, the office had said direct damage from the quake and tsunami would be 16 trillion to 25 trillion yen.

The estimated sum was much larger than the 9.6-trillion-yen damage caused by the 1995 Kobe earthquake, which killed 6,400 people, the office said.

Latest

Latest