Earthquake costs

25 April 2008

Pakistan: The cost of the rebuilding and reconstruction following last October's earthquakes in Pakistan has been put at US$ 10 billion. Previous estimates produced by the Asian Development Bank and the World Bank put the cost of recovery and reconstruction at US$ 5.2 billion (iC, Dec 2005).

The new figure announced in late December by Pakistan's Earthquake Reconstruction and Rehabilitation Authorities is almost double previous estimates but covers the whole country, not just the two worst affected areas. According to the Authority, the difference between its estimate and previous figures is also due to the cost of rebuilding the 400000 homes.

Latest News
Komatsu Europe’s K100 system now available on demo excavator
New optional extra for the PC490HRD-11 high reach demolition excavator lets operators switch attachments without leaving the cab
Post-pandemic demand leads to long delivery times
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Regulator approves Hyundai deal for Doosan Infracore
South Korean regulator gives green light to deal for Hyundai Heavy Industries Holdings to buy Doosan Infracore