Costa News Spain Breaking News | English News in Spain.
THE Valencian government has revealed that the financial damage caused by October’s floods totalled €18 billion.
Francisco Jose Gan Pamplos is the person in charge of coordination for reconstruction. He announced Friday this number.
In November, President Carlos Mazon named him to be the head of a newly created Economic and Social Recovery Ministry.
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The recovery plan has been prepared and is due to be completed in June.
Gan Pamplos: “It is going to be robust, realistic and achievable.”
He said that the floods affected 306,000 people in 103 municipalities, with 225 fatalities and three still missing.
Presenting his first report, he stated that 11,242 homes were affected with replacement costs estimated at €475 million.
Elevators suffered €160 million in damage along with 141,000 vehicles, of which 120,000 had to be written off.
He explained that €13.8 billion of business assets were damaged- affecting over 64,000 companies and 275,000 workers.
More than 800 kilometres of roads were affected at a cost of €360 million; 550 kilometres of rail tracks (€315 million) and 380 bridges and pontoons.
The floods cost environmental areas €122 million with an additional €324 million having to be allocated for waste management.
Within the leisure and community field, the floods left 168 premises affected at a cost of €20 million; €350 sports clubs at €10 million; and €40 million in losses due events being cancelled.
Carlos Mazon said he would press the Prime Minister, Pedro Sanchez, to get more help and ‘maximum coordination to accelerate the recovery process’.
He added, “Recovery must be a national priority and the Valencian Community can’t face this challenge on its own.”
