Monday , January 18 2021

Submitting funds to Coquimbo after earthquake

The budget announced is $ 12 billion, in addition to what is needed for the settlement of the 116 educational institutions that are damaged, the president said.

President Sebastián Piñera visited the area today to announce the reconstruction plan nearly a month after the 6.7 Richter earthquake that took place in the Coquimbo region.

The announced budget is $ 12 billion. Dollars, beyond what is necessary for the settlement of the 116 educational institutions that are damaged. Thus, the total resources can amount to "$ 15 billion. This allows people to restore what they lost and the region can continue on the path to development," the president said.

The Ministry of Housing and Urban Development (Minvu) reported that the plan in this portfolio will have a provisional cost of $ 8 billion for settling 1,234 homes resulting in some form of damage, of which 1 137 will be eligible for housing benefit.

"We need to make a lot of effort to finish much of the reconstruction process in 2019," said Cristián Monckeberg, Minister of Housing.
For the 150 properties with non-repairable damage, the investment is $ 3,300 million, while for the 439 homes with greater damage, available funds exceed $ 3,600 million.

A working group was also set up between the ministries for housing, culture and regional government to establish 117 damaged houses.

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