Pohang City Requests Declaration as 'Special Disaster Area' with 8.8 Billion KRW Damage... Gyeongbuk Province Provides 3.2 Billion KRW Emergency Recovery Funds to 4 Cities and Provinces
Special Grants and Contingency Funds Allocated to Pohang, Gyeongju, Yeongcheon, and Cheongsong
A house in Jukjang-myeon, Buk-gu, Pohang-si, Gyeongbuk, damaged by Typhoon Omais.
[Image source=Yonhap News]
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Gyeongsangbuk-do has decided to urgently provide an emergency restoration budget of 3.2 billion KRW to areas within the province, including Pohang City, severely affected by the typhoon.
On the 5th, Gyeongbuk Province announced that it would support an emergency restoration budget of 3.2 billion KRW to Pohang City and three other cities and counties hit by Typhoon No. 12 "Omais" on the 23rd and 24th of last month, using disaster safety special grants and provincial contingency funds.
Due to Typhoon "Omais," 227.5 mm of rainfall fell in Jukjang-myeon, Pohang, causing most rivers to overflow and resulting in significant damage to houses, farmland, roads, and bridges.
According to the damage survey by the Central Disaster Damage Joint Investigation Team, Pohang suffered property damage amounting to 8.8 billion KRW, including 189 houses, 54 hectares of farmland lost or buried, 269 hectares of crops, and 850 public facilities.
Although Myeonbongsan and Bohyeonsan near Gyeongju, Yeongcheon, and Cheongsong do not meet the criteria for national treasury support, they were included in this emergency support due to many displaced residents and damage to private and public facilities.
Gyeongbuk Province, after a thorough investigation including mountainous areas where damage surveys had been difficult, confirmed that the total damage amount in Pohang reached 8.8 billion KRW.
Since this exceeds the city-level special disaster area declaration standard of 7.5 billion KRW, the province officially requested the Ministry of the Interior and Safety to prioritize declaring the entire Pohang area as a special disaster zone.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Lee Cheol-woo, Governor of Gyeongbuk Province, stated, "We will do our utmost to secure contingency funds and other resources to help residents affected by the typhoon quickly regain stability and return to their daily lives."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.