Bangladesh Super Cyclone

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Bangladesh Super Cyclone SIDR 2007

• Impact on the Frozen Food Business

Dilruba Haider Brac University Dhaka, Bangladesh
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Damage and Loss Assessment

• Casualty around 4000
• Districts affected 30(worst hit 13)
• People affected 5.48 million
• People needing immediate relief 2.56 million
• Roads (km) 89,000
• Bridges and culverts 1654
• Embankment (km) 315
• Ferries 28 (out of 44) (13 restored)
• Electricity 33kv line- 416 km, 11 kv line 287 km
• Property loss Tk 8200 crore (1180million)
• (as of 23 November 2007)

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Damage and Loss

• Standing crops (Hectare)
• Damaged 574,769 hectare
• Houses
• Damaged 1,123,553
• Cattle and Poultry
• Perished 352,363
• Educational institutions
• Damaged 7,317

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Damage and Loss

• Environment and Forest US 5.6 Million
• Roads and Highways US2.6 million
• BWDB- embankments, sluice gates, riverbank
  protection structure US27.0 million
• Peoples livelihood not estimated
• Total donor Commitment 200 million
• (GOB estimate as of 21 November 2007)

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Loss in Frozen Food or Shrimp Industry

• Loss in Shrimp or Frozen food US3.7 million
• Countrys third largest foreign currency earning
  sector
• Hatcheries, ponds, factories all washed away70
  of the shrimp industry are located in the SIDR
  affected Districts Bagerhat, Sathkhira, Khulna
  (Black Tiger Shrimp bagda), Barguna, Patuakhali,
  Pirojpur, Madaripur, Gopalganj (fresh water
  shrimp Golda)
• Bagda is cultivated on 130,000 hectares of land
  while Golda in 40,000 hectares (70 is fully or
  partially damaged)
• Shrimp farmers get loans from the Exporters, all
  loans taken are washed away

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Predicament-

• Frozen food industry earned 515 million in
  2006/07 GOB had fixed this fiscals target 600
  million
• Shrimp industry has been facing loss due to
  drastic fall in prices and demands in
  international market in the first quarter of this
  fiscal
• SIDR has been the severe blow to the ailing
  industry
• To recover the loss Bangladesh Frozen Food
  Exporters Association is asking for interest
  free bank loans, and government support

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Predicament-

• The loss is going to take back the country years
  behind
• The total loss, once fully assessed would come to
  a formidable figure and the estimated 7 GDP
  growth would be very hard to achieve
• Government is already cutting back on the ADP
• Government alone can not recoup this loss
• Private sector has to come forward financing
  institutions (banks, exporters associations and
  the exporters)
• Insurance should play a vital role in recovering
  loss in this industry
• CSR should come into play Exporters should come
  in aid of the farmers and assist in recovery of
  the industry

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Thats All
Thank You Very Much