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Natural disasters cost the country 147 million dollars a year

2023-11-22 12:46:24Biznes SHKRUAR NGA REDAKSIA VOX

Natural disasters cost the country 147 million dollars a year

The average annual damage to infrastructure resulting from natural disasters is becoming more and more alarming.

A government document estimates that an average of 147 million dollars is needed to cope with natural disasters, which include floods, earthquakes or landslides that affect the road network and bridges, but the former bear the main share.

"Albania's road and bridge infrastructure is sensitive to climate change and natural disasters, mainly floods and earthquakes. Average annual damages are estimated at $147 million per year, with a catastrophic event, such as a 1-in-100-year earthquake, for example, causing more than $2 billion in damages.

River floods are a major risk of natural hazards in the primary road network in Albania and constitute 84 percent of the total AED (average annual damage), compared to 11 percent from landslides and 5 percent from earthquakes, Albanian institutions estimate. .

Some major arteries in the infrastructure are constantly affected by floods and their economic importance makes the damage even greater in cases of blockages. Two are the main roads that the documents mention and are part of corridor 4 and 5.

"Under the strategic network, Corridor 4 (Tirana-Durrës) and Corridor 5 Durrës-Vlora, are the most critical roads in Albania. These corridors are still vulnerable to flood events and the annual damage could be around 13 million euros due to the high traffic volume and economic importance of these corridors and is expected to increase under different climate change scenarios.

Considering the entire national road network, bridges and canals are the key infrastructure that are the most vulnerable and the most exposed elements, an average annual damage of 18.7 million euros is estimated," the document states.

 


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