Rs723 billion needed to rebuild flood-hit areas, government assessment finds
Summary
The government estimates Rs723.31 billion will be needed to rebuild flood-hit areas after the August 26 Bhotekoshi river floods. The damage assessment found severe losses to roads, hydropower projects, homes, schools, health facilities and businesses across five districts.
Key Points
- A government Rapid Damage and Needs Assessment says Rs723.31 billion is needed to rebuild areas devastated by the August 26 Bhotekoshi river floods.
- Infrastructure suffered the heaviest damage, including hydropower projects, solar plants, roads and bridges.
- The floods damaged thousands of homes, public buildings, schools, health facilities, cultural heritage sites and business establishments across five districts.
- The reconstruction plan splits spending into immediate relief and short-term recovery, plus long-term rebuilding needs.