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Typhoon-related industrial losses estimated at NT$3 billion: MOEA

2010/09/20 21:03:53

Taipei, Sept. 20 (CNA) Heavy downpours brought by Typhoon Fanapiswamped major industrial zones in southern Taiwan's Kaohsiung CountySunday, resulting in NT$3 billion (US$93.75 million) in lossesaccording to preliminary estimates, an official said Monday.

Many companies in the Renwu Industrial Park were forced to shutdown after the flooding, said Lien Chin-chang, deputy director of theIndustrial Development Bureau under the Ministry of Economic Affairs.

"Around 70-80 percent of companies in the park remained closedMonday, " Lien said, and he expected it would take two to five daysfor them to resume normal operations.

Another of the county's industrial parks, Dashe, was alsoseriously flooded, Lien said, and direct financial losses at thepark have so far exceeded an estimated NT$1 billion.

Some of the companies in the park, a major hub of Taiwan'spetrochemical industry, have resumed operations, Lien said. The otherfactories in the park should be able to resume operations in threedays, he added.

Damage to the Yungan Industrial Park, which boasts large clustersof steel and metal factories, and the Gangshan Industrial Park, hometo Taiwan's hardware industry, is still being assessed, Lien said.

(By Lin Hui-chun and Hanna Liu)