Five districts in Roi Et suffered heavy flooding
after the Yang and Chi rivers burst their
Flood economic damages estimated at over 15.7
A large amount of water from Kalasin flowed down the rivers and breached the embankment causing severe flooding.
It was reportedly that Selaphum District suffered the most damage as 71 houses were damaged and eight houses collapsed.
From the flood damage inspection at Tambon Wang Luang in Selaphum District, the Yang River embankment collapsed in five places, flooding the town. The water current was very strong causing severe damage to houses.
Wang Luang Wittyakom School teacher Jiraphat Wiphala said that the water current in the Yang River was very strong before the embankment collapse. He said he warned people to lift their belonging to higher ground, but it was too late as water rapidly flooded the community.
Jiraphat said villagers were suffering as most were elderly and eight of them were also handicapped.
Flood economic damages estimated at over 15.7 billion baht
The Kasikorn Research Center says damage to the national economy caused by the ongoing flood crisis could amount to more than 15.7 billion baht or 0.1% of GDP in total.
This figure does not include damages to property and basic infrastructure such as roads and bridges among others, it said.
The center also estimated that the damage to the agricultural sector alone will exceed 12 billion baht. The worst-hit provinces are Sakon Nakhon, Maha Sarakham, Si Sa Ket, Nakhon Ratchasima and Kalasin.
Meanwhile, Treasury Department has announced that it will be helping flood victims in their recovery by allowing rent payments to be deferred for up to 2 years.
Treasury Department deputy director-general Amornrat Klumplob said that treasury officials have been ordered to carry out an immediate survey of damages to properties currently being leased that have been flooded.
For properties leased as dwellings or residences that have suffered partial flooding, she said, the Treasury Department will grant a one year exemption on rent collection.
For homes that have suffered total damage and conditions are unlivable, rent payments could be postponed for two-years.
But this does not apply to homes that have been completely inundated but not suffered a total loss and can still be lived in after the flooding.
The survey by the Treasury Department thus far showed that in 11 provinces which were flooded, there are more than 3,000 afflicted tenants, half of them are in Sakon Nakhon.
With regards to properties leased for agricultural purposes, she said if crops have been lost to the floods, the department will allow one year exemption on rent collection to help recovery.