blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Asia Pacific News

 

China's quake reconstruction to cost nearly US$150b
Posted: 14 August 2008 2117 hrs

  An elderly woman walks between tents at a camp for the homeless people in quake-hit Mianzhu in Sichuan (file picture)
 
Photos  of

   
 


BEIJING: Nearly 150 billion US dollars are needed to rebuild areas in southwest China devastated by a massive earthquake in May, the government said on Thursday.

The 51 worst-hit counties and cities will need about one trillion yuan (145.7 billion US dollars), said the National Development and Reform Commission, the top economic planning agency, in a statement on its website.

That was more than one fifth of the 4.9 trillion yuan of tax revenue that the government was able to collect nationwide last year.

A total of 4,432 primary and middle schools and 169 hospitals are to be rebuilt, according to a reconstruction plan posted on the NDRC's website.

The 59-page plan was put online in order to solicit opinions and suggestions from the public. The deadline for input from citizens is August 24.

"We will make the reconstruction of public service facilities such as schools and hospitals our priority... and turn them into extremely safe and solid structure that the public can feel reassured about," said the plan.

The central government has set aside a 10-billion-US-dollar budget this year for reconstruction after the earthquake, or roughly a quarter of the money spent in preparations for the Olympics being held this week in Beijing.

The magnitude-8.0 earthquake that struck southwest China on May 12 left 88,000 people dead or missing and caused direct economic losses of 843.8 billion yuan in the 51 counties and cities, according to government figures.

An estimated 7,000 schools were destroyed or damaged, and about 9,000 students and teachers were killed.

Suspicions that corruption was a factor in the flawed construction triggered calls by grief-stricken parents for probes into the collapses.

- AFP/ir

 


Other asiapacific News
Pakistan PM's contempt appeal rejected
India hails missile shield test a success
UN envoy to hold talks in Maldives
Protesters in Malaysia denounce Syrian violence
Malaysia to help Philippines identify dead militants
Umar Patek Bali bombings accused on trial Monday
Biden meets Chinese activists ahead of VP visit
Death toll in Philippine quake rises to 39
Aussie abattoir shuts down over animal abuse
2 Tibetan protesters "shot dead"
Malaysian police detain Saudi tweeter
Iran, free trade pact top EU-India summit agenda
Japan institution releases China Security Report
Japan braces for more snow
US recognises new government of Maldives
Japan mayor slams US base deal
'Don't talk to editors', Australia MPs told
'Dr Death' appeals Australia jail sentence
Arrest warrant for Maldives ex-president
Police chief defection rumours spark China intrigue

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions