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Haiti unveils reconstruction plan
Draft plan states that $11.5bn is needed to rebuild following devastating earthquake.
Last Modified: 17 Mar 2010 09:52 GMT
The report said that the earthquake caused damage to the value of 120 per cent of Haiti's GDP [EPA]

Haiti will need $11.5bn over the next three years to rebuild following its massive earthquake in January.

The Hatian government and international agencies released a draft of the Preliminary Damage and Needs Assessment (PDNA) plan for reconstruction on Tuesday to a gathering of representatives of 28 nations in Santo Domingo, the capital of the neighbouring Dominican Republic.

Alejandro Zapata, the UN regional assessor for natural disasters, said that the figure is an estimate, of which two-thirds should go to re-fashioning the poverty-ridden country by addressing social inequalities.

The PDNA, put together with the UN, World Bank, and Inter-American Development Bank, is to be used as a framework for talks on reconstruction to be held with major donors in New York, in the US, on March 31.

'Serve all Haitians'

The proposal addresses economic and governance issues in the country, including reforming the judiciary.

special report
Special Report: Haiti earthquake

The funds would be needed for "reconstructing the state and the economy in the service of all Haitians," the report said.

It comes two months after the January 12 earthquake killed more than 220,000 people in Port-au-Prince and its surrounding towns and villages.

"The earthquake has created an unprecedented situation, amplified by the fact that it struck the country's most populous region and its economic and administrative center," the report said.

"The total amount of money needed stands at $11.5bn and breaks down like this: 50 per cent for the social sector, 17 per cent for infrastructure including housing, and 15 per cent for the environment and disaster risk management," it said.

Government decentralisation

However, Patrick Delatour, the tourism minister, said that the actual figure needed could end up being anything between $8bn and $14bn.

The 7 magnitude earthquake caused $7.9bn worth of damage - about 120 per cent of the country's gross national product (GDP) - according to the report.

About 70 per cent of those losses were attributed to the private sector while $4.4bn of damage was to public buildings and infrastructure.

The government said in the report that they would develop infrastructure and new economic opportunities outside Port-au-Prince and decentralise power during the reconstruction process.

Source:
Agenciess
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