Japan quake caused almost $200b damage
Updated
The disaster ravaged Japan's north-east and left nearly 23,000 people dead or missing, and destroyed houses, shops, office buildings and factories. (Reuters/Kyodo)
Japan's March 11 quake and tsunami disaster destroyed buildings and infrastructure worth about 16.9 trillion yen ($199 billion), excluding the costs caused by the Fukushima nuclear accident.
The bill estimate by the cabinet office also excludes other costs such as compensation payments for disaster victims and evacuees.
The figure includes structural damage to the Fukushima Daiichi atomic plant and other nuclear facilities, but not costs resulting from radiation leaks such and impacts on sectors such as agriculture, fisheries and tourism.
The massive seismic disaster, which ravaged Japan's north-east and left nearly 23,000 people dead or missing, destroyed houses, shops, office buildings and factories worth about 10.4 trillion yen ($122 billion), the cabinet office estimated.
The damage to water, gas, electricity and communication networks and facilities came to about 1.3 trillion yen ($15 billion), based on a tally of losses reported by affected prefectures and government ministries.
Other destroyed infrastructure - including riverbanks, roads, ports and sewerage systems - and assets of the farming, forestry and fisheries sectors, were worth about 5.2 trillion yen ($61 billion).
The total estimate far exceeds the 9.6 trillion yen ($113 billion) damage bill estimated as a result of the 1995 Great Hanshin Earthquake, which devastated the western port city of Kobe and claimed more than 6,400 lives.
Japan's prime minister Naoto Kan plans to name a new state minister to take charge of reconstructing disaster areas early next week, his spokesman chief cabinet secretary Yukio Edano said.
- AFP
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