Egypt Proposes $53 Billion Plan to Rebuild Gaza Over 5 Years
Egypt has proposed a $53 billion plan to rebuild Gaza over five years, ensuring that Palestinians are not displaced from the besieged enclave, according to a document reviewed by the German News Agency (DPA).
The document states that clearing rubble and repairing around 60,000 partially damaged homes will take six months and cost $3 billion. Following this, the broader reconstruction process can begin.
By 2030, the plan aims to construct hundreds of thousands of new homes to accommodate up to 3 million people, alongside an airport, seaport, industrial zones, hotels, and parks.
Launching the reconstruction requires arrangements for a transitional government, security provisions, and preserving prospects for a two-state solution while preventing new conflicts, the document noted. It also urged the international community to support mediators in maintaining the current ceasefire agreement.
The proposal includes removing Hamas from governing Gaza, establishing a committee of independent technicians—unaffiliated with any faction—to manage the enclave during a six-month transitional period. This would pave the way for the Palestinian Authority’s return to Gaza.
Additionally, Egypt and Jordan are reportedly training Palestinian police forces for deployment in Gaza, according to the proposal.
The Egyptian Plan Represents a Comprehensive Framework for Gaza Reconstruction