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Floods in 33 provinces cause damage estimated at Bt30Bn - TCC

Floods in 33 provinces cause damage estimated at Bt30Bn - TCC

15 Sept 17:29 Key points summarised by AI
  • Floods across 33 Thai provinces caused an estimated 30 billion baht in damages, impacting agricultural, industrial, and service sectors, representing 0.17% of the GDP.
  • Agricultural land sustained the most significant losses at 24.5 billion baht, followed by the service sector, while the industrial sector experienced minimal damage due to preparedness.
  • Chiang Rai, Phayao, and Sukhothai were identified as the three worst-affected provinces, incurring the highest financial damages.
  • The Thai Chamber of Commerce urged the government to implement proactive measures against anticipated future flooding and to overhaul its national water management strategy to combat increasingly frequent extreme weather events.
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