Reconstruction estimated to cost Japan over 210 bln USD: official

10:46, June 25, 2011      

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Rebuilding the infrastructure, housing and other facilities destroyed in the twin disasters in March is estimated to cost Japan about 16.9 trillion yen (210 billion U.S. dollars), the Japanese Cabinet Office said Friday.

The amount does not include damage from the ensuing nuclear crisis, the office said. The cost will be much larger when the effects of radiation leaks from the troubled Fukushima Daiichi nuclear power plant are included, Kyodo News reported.

About 10.4 trillion yen of the estimated cost will be directed to reconstruct buildings such as homes, stores and corporate facilities. The rebuilding of social infrastructure such as roads and harbors will cost about 2.2 trillion yen, according to the office.

Source: Xinhua
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