Batam blackout caused by wild animal costs at least Rp 233.9 billion
The number of losses was calculated conservatively based on Batam’s gross domestic production of Rp 200 trillion per year or some Rp 548 billion per day.
A blackout in Batam, caused by wild animals, has resulted in estimated losses of at least Rp 233.9 billion, according to the Indonesian Economists Association (ISEI). The two-day disruption to industrial operations across the city and surrounding areas has impacted various sectors, with the manufacturing sector bearing the brunt of the losses.
Suyono Saputra, chairman of Batam's ISEI branch and vice chairman of the Batam Chamber of Commerce and Industry, explained that the losses were calculated conservatively based on Batam's annual GDP of Rp 200 trillion, or approximately Rp 548 billion per day. He noted that the manufacturing sector alone lost about Rp 107.4 billion due to the 56 percent of GDP being derived from manufacturing.
The service, hotel, and port sectors also suffered significant losses, totaling Rp 60.3 billion. Additionally, there were intangible losses, such as wasted raw materials and technical recovery costs, amounting to approximately Rp 32.3 billion. Companies continued to pay workers' wages despite the shutdown, exacerbating the financial impact.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
