Marine Foundation Urgent Japan initiative
World Investment Development Limited, led by Japanese Hong Kong residents, has stepped in to support the reconstruction of Japan’s Noto Peninsula after the devastating earthquake on January 1st, 2024. Their timely intervention comes as a beacon of hope for the affected communities.
The Marine Foundation, entrusted with managing these funds, is committed to ensuring that the aid reaches those in need. Recognizing the challenges faced by the Japanese government in providing long-term support for rebuilding, the foundation aims to fill the gap by focusing on the construction of new homes and vital infrastructure crucial for the region’s economic development.
Unlike public organizations constrained by budgetary limitations, the Marine Foundation’s approach is rooted in unconditional giving. By prioritizing the needs of the people and focusing on essential structures, the foundation aims to catalyze the rebuilding process and help restore normalcy to the lives of those affected by the earthquake.
World Investment Development Limited
Visit from Hong Kong
Invited to the Marine Foundation’s club facility in Tokyo by Mrs. Naoko Kubo, our guests were pleased to witness the foundation’s clear presentation as one of Japan’s premier networks for development and humanitarian services.
Clear and Pragmatic Planning
The Marine Foundation’s role in rebuilding the areas affected by the earthquake in the Noto Peninsula in Japan would be to mobilize resources, coordinate efforts, and ensure that the reconstruction is carried out in a timely and effective manner, with the ultimate goal of helping the affected communities recover and rebuild.
Assessment and Planning: The foundation would first conduct a thorough assessment of the damage and work with local authorities to develop a comprehensive reconstruction plan. This plan would outline the scope of the project, including the areas to be rebuilt and the resources needed.
Fundraising Campaign: The foundation would launch a fundraising campaign to raise the necessary funds for the reconstruction effort. This could involve reaching out to donors, both individual and institutional, and organizing fundraising events to generate support. We are grateful for the interest of World Investment Development Limited.
Resource Mobilization: In addition to financial support, the foundation would also mobilize other resources, such as materials, equipment, and manpower, needed for the reconstruction. This could involve partnering with local businesses and organizations to secure these resources.
Project Management: The foundation would oversee the entire reconstruction project, ensuring that it is carried out efficiently and effectively. This would involve coordinating with local authorities, contractors, and other stakeholders to ensure that the project stays on track and meets its goals.
Community Engagement: Throughout the reconstruction process, the foundation would engage with the local community to ensure that their needs and concerns are addressed. This could involve holding community meetings, providing updates on the progress of the project, and soliciting feedback from residents.
Monitoring and Evaluation: The foundation would continuously monitor and evaluate the progress of the reconstruction effort to ensure that it is meeting its objectives. This would involve tracking the allocation of funds, assessing the impact of the reconstruction on the community, and making pragmatic progresses.
Gallery of Images: Post-Disaster Scenes from the Noto Peninsula, Japan
Cost Estimation
Estimating the amount of budget funding needed to rebuild the areas affected by the earthquake on the Noto Peninsula involves several factors, including the extent of the damage, the size of the affected area, and the cost of reconstruction and rehabilitation efforts. Given the scale of destruction described bu experts, a rough estimate could be in the range of billions of dollars.
To provide a more specific estimate, a detailed assessment of the damage and a comprehensive reconstruction plan would be necessary. This would involve evaluating the cost of rebuilding homes, schools, hospitals, and other infrastructure, as well as factoring in the cost of providing support to the affected population during the recovery process. Additionally, funds would need to be allocated for disaster risk reduction measures to mitigate the impact of future earthquakes.
It’s important to note that the actual amount needed could vary depending on various factors, such as the availability of resources, the efficiency of the reconstruction process, and the level of international assistance. However, based on past earthquake reconstruction efforts, it is likely that the hypothetical amount needed would be substantial.
