Tsunami Reconstruction in India to cost $1.2 billion, says World Bank-ADB-UN Joint Assessment Report

MANILA, PHILIPPINES (15 March 2005 ) - Overall rehabilitation and reconstruction needs in the four mainland tsunami-affected states and territories of India are to the tune of US$1.2 billion, according to a Damage and Needs Assessment Report prepared jointly by the World Bank, ADB and United Nations at the request of the Government of India, released yesterday.

A joint assessment team of the three multilateral agencies visited affected areas in Tamil Nadu, Kerala, Andhra Pradesh and Pondicherry from February 1 to 15 after the government requested support to rebuild infrastructure, rehabilitate livelihoods and develop disaster prevention and management systems for the future in the four affected mainland territories. The team met with affected persons, local, district and state-level government officials, NGOs and private sector representatives.

Read the full release.
Read the full report.

About ADB