Industries in Sunsari-Morang Corridor Inundated

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Industries in Sunsari-Morang Corridor Inundated

October 22: Most of the industries in the Sunsari-Morang Industrial Corridor have reportedly sustained damages worth millions of rupees due to the post-monsoon floods, according to a preliminary estimate.

Chamber of Industries Morang has started collecting data on the damage caused by floods.

Chairman of the Chamber of Industries Morang, Suyash Raj Pyakurel, said that most of the industries in the Sunsari Morang Industrial Corridor were damaged by the floods but he was not sure about the extent of damage. "We are collecting data from the industrialists. We will make public the details of the damage in two to three days," said Pyakurel.

Pyakurel said that the data could not be released immediately as the industrialists are currently preoccupied with removing water out of the industry, protecting the raw materials and finished goods that have been submerged in the water. According to him, about 80 percent of the industries in the Sunsari-Morang Industrial Corridor have been flooded. Many industrialists are now busy pumping water outside the factory.

Chief Executive Officer of the Morang Trade Association Krishna Regmi said that most of the industries in Budhi Ganga, Duhabi, Sonapur, Itahari and Katahari areas of Morang were damaged by the floodwaters. He informed that most of the industries have stopped production due to inundation. According to Regmi, machinery, motors, tools, raw materials, packaging materials, warehouse, finished goods, and means of transportation have all sustained damages.

Nabal Kishor Kabra, provincial vice-president of the Confederation of Nepalese Industries and operator of Quality Biscuits, estimated that his industry might have suffered loss of more than Rs 50 million. Stating that water is being pumped out by installing six pumps in the industrial area on Thursday, he said that it would take one week to collect the details of the damage.

Director-General of the Confederation of Nepalese Industries, Vijay Hari Sharma, said that the industrial sector has lost tens of millions of rupees due to the recent flooding.

The industrialists have drawn the attention of the Chairman of the Insurance Board not to delay the payment of the insurance amount as the industries have had to bear massive losses due to the floods.








 

 

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