Ecuador's government said it needs to raise US$3.34bn to build roads and repair infrastructure in the wake of an earthquake in April that killed 668 and left 30,000 homeless.

The reconstruction effort will be 67%-funded by the government and 33% by the private sector, according to the national planning secretary's office (Senplades).

President Rafael Correa renewed a 60-day state of emergency for the provinces of Esmeraldas, Manabí, Santa Elena, Santo Domingo de los Tsáchilas, Los Ríos and Guayas, after the 7.8 magnitude quake destroyed thousands of homes in addition to the port and airport of Manta, potable water systems, 83km of roads, 51 health posts and 875 schools in the area on April 16.

The transport and public works ministry will invest US$2.4mn in a feasibility study for the reconstruction of the 96km Carchi-Sucumbios highway that will link regions in the highlands with the Amazon jungle, according to state news service El Ciudadano.

Correa visited construction projects in Portoviejo province on the Pacific coast including a US$250mn hospital that is 64% finished, the website said.

Also visiting the area together with vice president Jorge Glas and deputy electricity minister Medardo Cadena was Yukiya Amano, head of the International Atomic Energy Agency (OIEA), who pledged further aid after donating 533,544 euros (US$603,000) in hospital equipment.

"I was greatly moved by the destruction that I saw and the human suffering it caused," Amano said in a statement. "But I was also impressed by the effectiveness of the recovery efforts and by the dedication of the rescue teams."

The aid adds to a total US$550mn in emergency reconstruction loans granted to Ecuador by multilateral lenders the World Bank, IDB and Caracas-based CAF.


Source: BNamericas