Regardless of the decision, the government will first inject emergency funding of 4 billion won (RM15.23mil), he added. The city will be designated once damage from the earthquake exceeds 9 billion won (RM34.27mil). The city of Pohang estimated the total damage to amount to about 6.9 billion won (RM26.27mil) as of 6am on Thursday. Lee also stressed preparedness for a possible nuclear disaster, pointing to 12 nuclear power plants situated near Pohang and calling for heightened awareness over additional earthquakes. Its total damage amounted to about 9 billion won (RM34.27mil) and the government invested nearly 13 billion won (RM49.5mil) for the recovery, according to the ministry.

Source: The Star November 16, 2017 14:15 UTC