Thai Flood 2011 : Rapid Assessment for Resilient Recovery and Reconstruction Planning

This report outlines these findings, including damage and loss estimates and social and economic impacts, and proposes strategies for resilient recovery and reconstruction planning. Heavy rain combined with multiple tropical storms throughout the e...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Bangkok 2017
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/262141468118140200/Final-report
http://hdl.handle.net/10986/26862
Description
Summary:This report outlines these findings, including damage and loss estimates and social and economic impacts, and proposes strategies for resilient recovery and reconstruction planning. Heavy rain combined with multiple tropical storms throughout the extended rainy season played a large part in the extensive flooding. Flash floods were reported in several areas in the north in May, and tropical depression Haima arrived in June followed by Nock-Ten in July, the combination of which caused widespread flooding. Overall, the floods affected more than 13 million people and resulted in more than 680 deaths. The floods impacted heavily on the private sector, particularly manufacturing. Manufacturing makes up about 38.5 percent of Thailand's Gross Domestic Product (GDP) and is one of the main drivers of Thailand's exports. The majority of manufacturers are located in five flood-affected provinces, namely Bangkok, Ayuthaya, Nakhon Sawan, Pathum Thani, and Samut Sakhon. Tourism, housing and the financial sector were also heavily affected. Though there was some damage to tourism infrastructure, the greatest impact came from losses in revenue from accommodation, transportation, shopping, food and beverages, entertainment and sightseeing. Recovery and reconstruction needs are estimated to be THB 1.5 trillion (USD 50 billion) over a five-year period.