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Home / New Zealand

Kiwi cash will help rebuild quake zone

Lincoln Tan
By Lincoln Tan
Multimedia Journalist·NZ Herald·
14 Aug, 2008 05:00 PM2 mins to read

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KEY POINTS:

Money donated by New Zealanders through the Chinese Embassy will form part of the one trillion yuan ($200 billion) China will invest to rebuild areas battered by the May 12 earthquake.

A spokesman said the embassy had received more than $2.5 million from New Zealanders.

The amount pledged
by Beijing to restore basic living and economic standards to levels before the disaster within three years is almost four times what it spent on the Olympics.

Besides donations, the one trillion yuan will also come from the government's contributions and domestic bank loans.

A draft reconstruction masterplan has been released on the official government website by China's top economic planning agency, the National Development and Reform Commission, to solicit public opinion from now until August 24.

The commission said it was seeking "advice from home and abroad to better the general outline of post-quake restoration and reconstruction work".

The masterplan dealt with a wide range of issues - including the rebuilding of private homes, the revival of industries, and future disaster preparedness.

To be better prepared for disasters, China will build 10,000 geological disaster monitoring points, 285 meteorological warning stations and 324 earthquake monitoring stations.

Sichuan was hardest hit in the earthquake which killed nearly 70,000 people and left as many as 10 million homeless. Across the region, 7444 schools were damaged.

The masterplan stressed that "the highest standards will be maintained" on the reconstruction of public buildings, after parents of children who died when the schools collapsed blamed sub-standard building materials and shoddy construction.

A UN report said more than 30 million people lost most of their assets and millions of farm animals died after the quake.

The Red Cross, which is running a three-year project to help rebuild lives of victims, received donations of about $270,000 from New Zealanders.

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