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Erdoğan vows to rebuild Türkiye’s quake-hit region

Erdoğan vows to rebuild Türkiye’s quake-hit region

President Recep Tayyip Erdoğan vowed on Monday to rebuild Türkiye’s southeastern area, hit final month by highly effective earthquakes that claimed the lives of greater than 46,104 individuals.

Türkiye goals to arrange 100,000 containers over two months within the quake-hit southeastern area for catastrophe victims, Erdoğan mentioned.

“Today, as we leave behind the fourth week since the earthquakes, we more clearly see the magnitude of the disaster we experienced and feel the pain of our losses more deeply,” Erdoğan mentioned after a Cabinet assembly within the capital Ankara.

On Feb. 6, the magnitude 7.7 and seven.6 quakes struck 11 provinces – Adana, Adıyaman, Diyarbakır, Elazığ, Hatay, Gaziantep, Kahramanmaraş, Kilis, Malatya, Osmaniye and Şanlıurfa. More than 13.5 million individuals in Türkiye have been affected by the devastating quakes, in addition to many others in northwestern Syria.

“Our aim is to start the construction of 244,000 houses and 75,000 village homes in the next two months,” Erdoğan mentioned, including that the development of twenty-two,000 of those had already begun.

A complete of 488,000 new houses might be constructed for catastrophe victims within the quake-hit areas inside a 12 months, he mentioned.

As a part of our efforts to help the earthquake victims, Erdoğan mentioned, they’re providing loans of as much as TL 250,000 to merchants within the severely affected areas.

The mortgage has a 60-month maturity, a grace interval of 12 months, and an rate of interest of seven.5%, half of which might be coated by the Treasury.

“Our aim is to provide financial assistance to the traders to help them rebuild their businesses and restore economic activity in the region,” Erdoğan mentioned.

The president additionally mentioned they’ve already distributed emergency help funds of TL 10,000 per family to over 1.61 million earthquake victims.

To additional help the companies and operators who’ve been affected by the earthquake, Erdoğan mentioned, they’ve determined to waive the 2023 money owed of the companies within the earthquake space to Türkiye’s Small and Medium Industry Development Organization (KOSGEB).

“Additionally, we will clear all the debts of our operators who lost their lives in the disaster,” he mentioned.

Some 6,000 non permanent business homes, which at the moment are operational and serving merchants had been additionally established within the quake-hit area, he mentioned.

“Additionally, we are constructing bazaars consisting of 3,000 containers to further support the businesses and provide them with a conducive environment to operate.”

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