The final technical report of the Post-Disaster Recovery Needs Assessment (PDNA)prepared with the technical support of the World Bank, the Inter-American Development Bank (IDB), the Development Bank of Latin America and the Caribbean (CAF) and the United Nations System together with the national government, Serious damage was confirmed to 591,000 homes, strategic ports and the electrical system in seven entities in the country..
During the multidisciplinary evaluation, the technical teams examined “the effects on the social, productive and infrastructure sectors, as well as cross-cutting aspects” after the double seismic event on June 24. The document consolidated 14,866 million dollars in total economic damages, distributed in 13,014 million dollars in damages to infrastructure and physical assets, and 1,852 million dollars derived from operating losses, lost profits and extraordinary response costs.
The housing collapse concentrates 77% of the needs
The social area suffered the most critical financial loss by accumulating 11,169 million dollars in damages and losses, which will require a financing plan for 18,546 million dollars to care for families.. In this area, housing constitutes the dominant priority, concentrating 17 billion dollars of global requirements, equivalent to 77% of the general post-disaster reconstruction budget..
The estimate covers the reconstruction or structural rehabilitation of approximately 91,000 homes destroyed or severely damaged, the repair of nearly 500,000 properties with moderate failures, the provision of temporary accommodation and the collection of 1.5 million tons of debris still scattered in the damaged communities..
Affects at the Maiquetía airport, ports and substations
In the basic services and connectivity systems, the infrastructure sector recorded 1,894 million dollars in physical and operational damages, requiring 1,848 million dollars for its restitution under earthquake-resistant standards.. Land, air and maritime transportation requires 1,268 million dollars to repair 52.8 kilometers of roads, 15 bridges with confirmed damage, the La Guaira and Puerto Cabello docks, and the main runway of the Simón Bolívar International Airport.
For its part, the electrical network recorded breakdowns and service interruptions valued at 624 million dollars, requiring 392 million dollars to intervene in substations, distribution circuits and feeders in the central states.. In the healthcare area, the earthquake disabled or caused damage to 524 public and private health centers, a sector that will require 936 million dollars for its technical adaptation and replacement of medical-surgical equipment..
Losses in artisanal fishing, tourism and economic contraction
In the commercial and manufacturing productive apparatus, the slowdown in activities generated accumulated losses of 1,053 million dollars, requiring 1,021 million dollars in financing. Artisanal fishing and accommodation and gastronomy providers on the coast of La Guaira concentrate the greatest damage due to the destruction of vessels, cold chains and deterioration of trade..
In the human dimension, the official investigation confirmed the confirmed deaths of 6,509 people and the hospital care of 226,696 injured people, with more than 19,500 citizens still sheltered in temporary camps. In macroeconomic matters, the impact of the earthquakes will subtract 0.38 percentage points from the gross domestic product in 2026, moderating the projected growth from 7.0% to 6.62% and showing that, without flexible international financing, the country’s productive capacity will operate below its potential during the next five years.
