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Pakistan quake clear up to cost $3.2bn

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RECONSTRUCTION OF the earthquake-ravaged areas of Pakistan will cost $3.2bn, according to the Asian Development Bank (ADB).

New housing will cost $1.6bn, hospitals $303M, schools $471M, transport infrastructure $416M and water supply and sanitation provision will cost $32M.

More than 73,000 people were killed in the 7.6 magnitude earthquake, which struck northern Pakistan on 8 October (NCEI last month).

The bank began a damage assessment for the Pakistan government on 24 October and reported the findings this week.

International donors have so far pledged $2.4bn toward relief and reconstruction efforts.

The total cost of the disaster, including immediate response, is estimated by the ADB to be $5.2bn.

The report calculates that 203,579 houses were destroyed in the quake with another 196,574 damaged.

Of the 5,305km of roads running through the affected areas, 2,366km were affected and need repair, including 194km of national highway.

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