Which asset categories suffered the most from 2022 floods?

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Asset Categories Most Affected by 2022 Floods

In 2022, Malaysia experienced significant financial losses due to floods, amounting to RM622.4 million. The most substantial impact was observed in the categories of public assets and infrastructure, followed closely by living quarters and agriculture.
Public Assets and Infrastructure Sustained the Highest Losses

Public assets and infrastructure bore the brunt of the flood damage in 2022, accounting for RM232.7 million of the total RM622.4 million in losses. This figure highlights the vulnerability of essential public services and infrastructure to extreme weather events.
Residential Properties Suffered Substantial Damage

Losses related to living quarters amounted to RM157.4 million, indicating a significant impact on households and residential areas across the affected states. This category represents the direct cost of damage to homes and dwellings.
Agricultural Sector Faced Considerable Setbacks

The agricultural sector recorded losses of RM154.5 million due to the 2022 floods. This loss underscores the dependence of Malaysia's food supply and rural economies on stable environmental conditions.

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Which asset categories suffered the most from 2022 floods?

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