ADB and World Bank to Mount Joint Team to Assess Quake Reconstruction Needs in Pakistan
ISLAMABAD, PAKISTAN (21 October 2005) - A joint team from ADB and World Bank will begin an assessment of the needs and reconstruction costs following the 7.6 magnitude earthquake that devastated parts of Pakistan on October 8.
The mission requested of the Government of Pakistan will begin work on Monday. It will carry out damage assessments to obtain credible estimates of the cost of reconstruction following the quake. The team expects to submit its assessment mid-November.
"The Asian tsunami disaster earlier this year provided a model through which we could quickly mobilize a joint team to make an assessment that will guide the reconstruction and rehabilitation following the earthquake," says Peter Fedon, ADB Country Director in
In the joint needs assessment, ADB will focus on the education, transport, water, energy, and agriculture sectors, while the World Bank will concentrate on livelihood restoration, housing, health, private sector, and environment.
Cutting across these sectors, the World Bank team will also conduct an economic assessment, assess hazard risk management and social safeguard needs. ADB will, meanwhile, assess the institutional capacity for reconstruction.
"We are racing against time to assess the damage so we can develop a reconstruction assistance strategy and begin the rebuilding. The World Bank and all other development partners of
The day after the quake, ADB reallocated $10 million from ongoing projects for immediate emergency assistance for rehabilitation work in worst affected areas of Azad Jammu and Kashmir and
The World Bank has so far announced $40 million to be redirected from existing projects in the affected provinces and has said the amount would run to hundreds of millions dollars, as soon as it is useful.
For further enquiries, please contact:
ADB
Ms. Omana Nair
Telephone No. +63 918 9399 062, (051) 2087308
Email: Onair@adb.org
The World Bank
Mr. Shahzad Sharjeel
Telephone No. (051) 2279641
Email: ssharjeel@worldbank.org
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