Archive for » November, 2011 «

World Bank: Floods in Thailand will cost 43 billion dollars

The total damage from catastrophic floods in Thailand will cost 1.36 trillion baht (more than 43 billion dollars).

Such an assessment of damages was provided by an expert of the Bangkok World Bank in Thailand Kirida Bhaopichitr, ITAR-TASS reported.

In particular, there are 94% of losses in the private sector and only 6% – in the state sector.
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Bangkok has lost the oldest airport in Asia

Currently Thai authorities will have to take a difficult decision on what to do next with the oldest airport in Bangkok Don Muang: whether to restore it or to recognize the airport unsuitable for use.

The fact is that the airport was badly damaged by floods in late October – passenger and cargo terminals and the western runway were flooded and only the eastern runway escaped destruction.
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