Compensation levels for Formosa damage in central provinces announced
The Prime Minister has issued a decision on the compensation levels for damage from the environmental incident in the four central provinces caused by Hung Nghiep Formosa Ha Tinh Steel Company.
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Under Decision 1880/QD-TTg promulgated on September 29, seven affected sectors in Ha Tinh, Quang Binh, Quang Tri, and Thua Thien – Hue will receive compensation, namely seafood harvesting, aquatic breeding, salt production, coastal seafood business activities, fishing logistics, coastal tourism services, and seafood stockpiling and purchasing.
The compensation was based on the level of damage of the sectors.
Owners and workers of non-powered vessels that are unable to go fishing offshore after the incident will get VND5.83 million (US$262.35) and VND3.69 million (US$166.05) respectively each, per month.
Owners and workers of under-20 CV ships will receive VND10.67 million (US$480.15) and VND5.96 million (US$268.2) respectively.
Compensation for owners and workers of vessels with engines from 20 CV to under 50 CV will be VND15.2 million (US$684) and VND7.65 million (US$344.25) respectively.
Owners of vessels with engine capacity of above 800 CV will receive VND37.48 million (US$1,686) in compensation while employees of vessels with engines from 50 CV to under 90 CV will get VND8.79 million (US$395.55).
Salt-making business will be compensated VND39.7 million (US$1,786) per hectare per month , while workers will get VND2.91 million (US$130.95) each.
The decision also specified compensation for aquatic raising in salt and brackish water.
Provincial People Committees will review compensation for the damaged sectors and report to the Ministry of Agriculture and Rural Development before October 5, 2016.
The Ministry of Agriculture and Rural Development will verify the compensation in each locality to send to the Ministry of Finance to submit to the Prime Minister before October 10, 2016.
The compensation time will be paid for six months from April to September 2016. The money will be sourced from compensation paid by the Hung Nghiep Formosa Ha Tinh Steel Company.
The Taiwan-invested Formosa company, on June 30, admitted responsibility for mass fish deaths in the four central coastal provinces of Ha Tinh, Quang Tri, Quang Binh and Thua-Thien Hue between April and May. The company promised compensation of VND11.5 trillion (US$500 million).
