HONG KONG: Hong Kong proposes to spend about HK$4 billion ($512 million) to buy out the owners of homes in a high-rise housing complex ravaged by a massive fire that killed more than 160 in November, authorities said on Saturday.
The prices offered will be HK$8,000 per sq. ft. without a land premium payment, and HK$10,500 per sq. ft for those receiving such a payment, officials in the Asian financial hub told a media briefing.
“We believe the proposed price is sufficient for the affected residents to relocate and secure long-term housing,” said Wong Wai-lun, Hong Kong’s deputy financial secretary.
The government also offered an apartment exchange program for the 4,600 affected tenants, who lived in nearly 2,000 housing units at the complex, Wang Fuk Court.
The total outlay, estimated at HK$6.8 billion, will drop by HK$2.8 billion from a contribution by a relief fund, and could go lower still after insurance compensation in factored in, the officials said. ($1=7.8148 Hong Kong dollars)
Hong Kong plans to buy homes devastated in deadly high-rise fire
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Hong Kong plans to buy homes devastated in deadly high-rise fire
Floods ravage Minas Gerais, killing 36 as rescuers race to find dozens missing
- Minas Gerais’s fire department said 33 people were still missing and about 3,000 residents had been forced to leave their homes
- 600 families living in endangered areas were about to be relocated to local schools improvised as shelters
JUIZ DE FORA, Brazil: Dozens are still missing in southeastern Brazil on Wednesday after floods killed at least 36 people in the state of Minas Gerais, officials said Wednesday. Rescue teams worked through the night, as heavy rain is expected in the region in the next few days.
All the victims found so far are in the cities of Juiz de Fora and Uba, about 310 kilometers (192 miles) north of Rio de Janeiro.
Minas Gerais’s fire department said 33 people were still missing and about 3,000 residents had been forced to leave their homes as of Wednesday morning.
The streets of Juiz de Fora, a city of 560,000 residents, were covered in mud as authorities feared more landslides. Life in neighboring Uba, with its 107,000 residents, came to a stop. Classes were suspended in both cities, their mayors said.
Juiz de Fora’s City Hall said in a statement that around 600 families living in endangered areas were about to be relocated to local schools improvised as shelters and that the city experienced double the rain expected for February. Mayor Margarida Salomão said at least 20 landslides had been reported since the torrential rain began Monday evening.
On Tuesday, Brazilian President Luiz Inácio Lula da Silva said on his social media channels that security forces have been deployed on rescue missions and are providing immediate assistance to the population affected by the rain. He also said health care teams had been sent to the region, which lies close to hills, valleys and slopes.
