Malaysia

RM1.4 bil estimated losses due to floods: Amirudin

Selangor Menteri Besar Datuk Seri Amirudin Shari says figure derived using rough calculation of multiplying number of affected homes with minimum cost of repairs

Updated 4 years ago · Published on 04 Feb 2022 12:30PM

RM1.4 bil estimated losses due to floods: Amirudin
Selangor Menteri Besar Datuk Seri Amirudin Shari says the losses amount could be more than RM1.4 billion depending on car and house damages. - Bernama Pic, February 4, 2022

SHAH ALAM – The Selangor government estimates that the losses caused by floods that hit the state were at RM1.4 billion, including an estimated RM400 million for infrastructure repairs.

Menteri Besar Datuk Seri Amirudin Shari said he arrived at the amount based on a rough calculation, by multiplying 100,000 homes or families that were affected with the minimum amount of RM10,000 required for repairs.

“If their cars or homes were also damaged, the amount could be more. Based on simple calculation, there is RM1 billion in property damage and (added with the) RM400 million (for infrastructure repairs), we are looking at roughly RM1.4 billion.

“In the note prepared by the Department of Statistics Malaysia (DOSM), as far as I can remember the amount was between RM3 billion and RM4 billion,” he told a special media conference today, adding that that amount, however, was the DOSM’s own estimate of each affected home suffering a loss of RM14,000. – Bernama, February 4, 2022

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