Jump to content

'One billion kyats' worth of property lost in Mandalay fire


Recommended Posts

Posted

'One billion kyats' worth of property lost in Mandalay fire

Billion-Kyat-Damage-1-wpcf_728x413.jpg

MANDALAY: -- The City Municipal Department of Mandalay announced on Thursday that Tuesday’s fire in Mingalar Market had destroyed more than one billion kyats (over US$825,000) worth of property, according to The Irrawaddy.

The department said in the statement that the market would need to be completely rebuilt as it is currently in danger of collapsing, adding that a temporary market venue would open as soon as possible.

An investigation team, which included engineers, inspected the burned building this week and found that it was not strong enough to withstand restoration. The department has decided to demolish it immediately and began reconstruction.

More than 200 of Mingalar Market’s 480 shops had been completely razed by the fire, the cause of which is not yet known. Shop owners said they had hoped that the building could be fixed, rather than re-constructed, as they fear that the contractors will sell them their shop spaces back at increased prices which they will not be able to afford.

Source: http://englishnews.thaipbs.or.th/content/156793

thaipbs_logo.jpg
-- Thai PBS 2016-03-25

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...