Nepal floods may cost $5 bn to rebuild: Billionaire

Billionaire Binod Chaudhary estimated that rebuilding Nepal's infrastructure after recent flash floods could cost at least $5 billion. With at least 469 fatalities and 1,200 missing, he warned that reconstruction could take years due to challenging terrain. Chaudhary's group is coordinating relief efforts and plans to exceed its previous reconstruction spending from the 2015 earthquake.

Read the source (Economic Times)

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