37 C
Delhi
Tuesday, June 17, 2025

Earthquake damage to Turkish industry stands at $9bln – Authorities

Date:

Share post:

Donate-GC-Razorpay

Istanbul: The February earthquakes affected 5,600 industrial enterprises in Turkey and caused $9 billion damage to the strategic sector of the country’s economy, Turkish Minister of Industry and Technology Mustafa Varank said.

“We estimate the damage to infrastructure, buildings, equipment and stocks at about 170 billion Turkish liras [$9 billion],” Varank said in a press release obtained by Sputnik.

In total, about 5,600 enterprises in 34 industrial zones of Turkey were significantly or moderately damaged, the minister said, adding that 33,000 other factories continued to operate.

On February 6, two earthquakes of magnitudes 7.7 and 7.6 hit the southeastern regions of Turkey at a nine-hour interval, toppling thousands of homes. The underground shocks followed by hundreds of aftershocks were felt in 11 Turkish provinces and in neighboring countries, especially in Syria. The death toll from the earthquakes in Turkey has exceeded 50,000.

Related articles

Not Welcome in Goa, Illegal in Karnataka, Bike Taxis, Cabs Are Boon on Wheels

Commuting around places that we visit as tourists or even across our own cities and towns was never...

When the Summit Became a Stage: The G7, Trump’s Exit, and a Fractured World

IntroductionIn the crisp alpine air of Kananaskis, nestled amidst the brooding Rockies of Alberta, world leaders gathered...

Goa’s Taxi Trap: Are We Driving Backwards Into the 19th Century?

 There comes a time in a state’s journey when its political leadership must decide whether it wants to...

The House of Khamenei: If Iran Collapses, the Axis of Resistance Will Crumble Too

If the Islamic Republic of Iran collapses like a house of cards, the shockwaves will not merely tremble...