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Loss from mudflow estimated at 2,6 billion euro SIDOARJO - The National Development Planning Board (Bappenas) has made an estimation concerning the losses caused by the mud flow from Lapindo in Sidoarjo, East Java. The total cost is now estimated at 27.4 trillion Rupiah (2,6 billion euro), 11,0 trillion Rupiah (909 million euro) in direct and 16,4 trillion Rupiah (1,7 billion euro) in indirect losses. This is the result before a preliminary assessment report will come out next Wednesday, when the figure may be put as high as 44,7 trillion Rupiah (3,7 billion euro).

The direct losses covering the period until 5 March 2007 in fact only reached 7,3 trillion Rupiah, but taken into account the infrastructure relocation the total sum reached 11,0 trillion Rupiah. "To assess the damage and losses, a joint team of officials of Bappenas, the provincial and district governments have used a method developed by the UN Economic Commission for Latin America and the Caribbean (ECLAC)," said Suprayoga Hadi, Bappenas' second regional director.

A summary of the costs per subject is given below.

Housing 2,5 trillion Rupiah 206,6 million euro
Public infrastructure 6,2 trillion Rupiah 512 million euro
Relocation of infrastructure 3,7 trillion Rupiah 306 million euro
Destroyed facilities 1,6 trillion Rupiah 132 million euro
Indirect losses 1,4 trillion Rupiah 116 million euro
Loss toll road operator Jasa Marga 0,3 trillion Rupiah 24,0 million euro
Company shutdowns 2,5 trillion Rupiah 24,8 million euro
Lost harvests 15,0 trillion Rupiah 1,24 billion euro


Link to related event Related event:
Sidoarjo mudflow

Related blog entries (category 'Sidoarjo mudflow') Related blog entries (category 'Sidoarjo mudflow'):
11 April 2007 · Main tollroad near Porong in southern direction closed
11 April 2007 · Bali tourism authority to arrest foreigners working as guides
11 April 2007 · Permanent mud flow team set up
31 March 2007 · Pertamina shuts off gas lines near mud volcano
20 March 2007 · Mud volcano stops 30 minutes, experts baffled
19 March 2007 · DPR urges government to help mudflow victims
15 March 2007 · More concrete balls needed to fill the mud volcano


Posted in Sidoarjo mudflow @ 12 April 2007 04:23 CET by Jeroen · 'Blog' RSS feed · permalink






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