ANKARA - Turkey’s worst earthquake in almost a century has left a trail of destruction that could cost Ankara up to US$84.1 billion (S$111.96 billion), a business group said, while a government official put the figure at more than US$50 billion. The combined death toll in Turkey and Syria from last Monday’s 7.8 magnitude quake approached 36,000 and looked set...
People look amid rubble as the search for survivors continues following an earthquake in Hatay, Turkey, on Feb 7, 2023.ANKARA - Turkey’s worst earthquake in almost a century has left a trail of destruction that could cost Ankara up to US$84.1 billion , a business group said, while a government official put the figure at more than US$50 billion.
It said the main costs would be rebuilding housing, transmission lines and infrastructure, and meeting the short-, medium- and long-term shelter needs of the hundreds of thousands left homeless. Mr Mohieldin added that after the initial impact over the next few months, public and private sector investments in rebuilding could boost GDP growth going forward.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Earthquake could cost Turkey up to $111b: Business groupA government official put the figure at more than US$50 billion. Read more at straitstimes.com.
Read more »
German groups suspend Turkey earthquake rescue over security problemsA rescue operations manager said the security situation was worsening as the disaster wore on. Read more at straitstimes.com.
Read more »
Fewer survivors in earthquake rubble of Turkey, Syria with thousands homeless amid winterAround a million people have been left in temporary shelters. Read more at straitstimes.com.
Read more »
Earthquake death toll tops 33,000, Turkey starts legal actionANTAKYA — Rescuers pulled more survivors from the rubble on Sunday (Feb 12), nearly a week after one of the worst earthquakes to hit Turkey and Syria, as Turkish authorities sought to maintain order across the disaster zone and began legal action over building collapses. With chances of finding more survivors growing more remote, the toll in both countries from...
Read more »
Rescuers are still pulling out survivors a week after Turkey-Syria quakeKAHRAMANMARAS, Turkey – Rescuers pulled more survivors from the rubble a week after an earthquake struck Turkey and Syria leaving more than...
Read more »
UN warns of aid failure for Syria as quake toll hits 33,000KAHRAMANMARAS: The UN denounced on Sunday (Feb 12) a failure to get desperately needed aid to war-torn regions of Syria, while warning that the death toll of over 33,000 from an earthquake that also devastated Turkey could double. A UN convoy with supplies for northwest Syria arrived via Turkey, but the ag
Read more »