One of the worst natural disasters in modern history, it stirred an unparalleled outpouring of billions of dollars of aid.
But by some estimates, only one-third of the promised aid has been distributed to affected countries, and much of that has been lost to corruption, mismanagement, political squabbles and bureaucratic dead ends.
Hundreds of thousands of people still have no permanent homes or jobs, and it seems that many will live out their lives as refugees of the tsunami.
In India, the British aid group Oxfam estimates that 70 per cent of affected people still live in temporary shelters. In Sri Lanka, the revival of a civil war has made life even more precarious for survivors.
The beaches of Phuket in southern Thailand seem to be an exception, with life and tourism thriving again, though the scars of trauma remain. The last 451 unidentified bodies, of more than 5,000 who died, are being buried and their DNA is being kept on file.
Many of the problems of reconstruction are playing out here in Banda Aceh, where 170,000 people died and more than half a million lost their homes.
Hundreds of small earthquakes, as well as floods and landslides, have added to the misery since then. In recent days at least 70 people have been killed in the area by flash floods.
“We are overwhelmed by the massive task that is confronting us,” said the director of the Indonesian government’s reconstruction agency, Kuntoro Mangkusubroto at New York in November this year.