What is the estimated cost of rebuilding after Cyclone Gabrielle?

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Estimated Rebuilding Costs After Cyclone Gabrielle Could Rival Christchurch Earthquake

The financial toll of reconstructing areas devastated by Cyclone Gabrielle is projected to be comparable to the NZ$13.5 billion (RM37.3 billion) expenditure following the 2011 Christchurch earthquake. This assessment comes as New Zealand grapples with the immediate aftermath of the cyclone, which caused widespread destruction across the North Island.
Potential Financial Impact

New Zealand's Finance Minister indicated that the cost of rebuilding infrastructure and communities affected by Cyclone Gabrielle could reach levels similar to the NZ$13.5 billion (RM37.3 billion) spent after the 2011 Christchurch earthquake. This comparison highlights the significant scale of the damage inflicted by the recent cyclone.
Government Commitment to Rebuilding

Prime Minister Chris Hipkins has pledged that detailed plans for the rebuilding effort will be presented in the coming weeks. He stated that the government would "do what it takes" and stand by affected New Zealanders throughout the recovery process.
Ongoing Relief Efforts Amidst Adverse Weather

As recovery operations continue, some cyclone-stricken regions are anticipating heavy rainfall from Thursday. This forecast poses a challenge to ongoing relief and rebuilding work, with a significant chance of dangerous weather levels on Friday and Saturday in areas like Hawke's Bay and Gisborne.
Uncontactable Individuals and Power Outages

Tens of thousands of people remain without power following Cyclone Gabrielle's passage. In hard-hit areas, 13,000 individuals are still without electricity, and 1,300 are residing in emergency shelters. Police are also working to locate approximately 1,100 people who are currently listed as uncontactable, though they anticipate most will be found safe once telecommunications are fully restored.

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What is the estimated cost of rebuilding after Cyclone Gabrielle?

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