Catastrophic Nepal floods leave US$2.5b damage bill

4 Sep 2026, 3:17 AM
Catastrophic Nepal floods leave US$2.5b damage bill

KATHMANDU, Sept 4 — Property, housing and infrastructure worth at least US$2.56 billion (RM10.36 billion; 387.5 billion Nepalese rupees) were damaged in Nepal’s catastrophic floods last week, the head of the country’s disaster authority told Reuters today.

The estimated cost of early recovery efforts over the first four months, including rebuilding roads and temporary shelters and restoring drinking water and electricity, would be around US$52.6 million (RM213 million; 7.95 billion Nepalese rupees), said Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority.

People walk past damaged buildings following deadly flash floods and mudslides in Devighat, Nuwakot district, Nepal, on September 3, 2026. — Picture by REUTERS

Categorynews

What do you think?

Latest
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.