Devastating Flood Causes Widespread Damage and Disrupts Supply Chains
Summary
A devastating flood on the Bhote Koshi River has killed people, washed away goods and containers, and crippled supply routes into the Kathmandu Valley. Authorities warn of shortages and price increases ahead of Dashain as the Prithvi Highway and Rasuwagadhi border crossing remain disrupted.
Key Points
- The Bhote Koshi River flood has caused massive loss of life and property, with damage estimates ranging from hundreds of billions to trillions of rupees.
- The Prithvi Highway and Rasuwagadhi border crossing disruptions have stranded trucks and containers and nearly paralyzed supply to the Kathmandu Valley.
- Officials are preparing alternative routes and transshipment plans, with food grains, sugar, and petroleum products given priority.
- Business leaders and economists warn of shortages, higher transport costs, and price pressure during the Dashain season.
