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Report: The cost of the reconstruction of Gaza and the West Bank exceeds $ 53 billion Economy news

manhattantribune.com by manhattantribune.com
18 February 2025
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Report: The cost of the reconstruction of Gaza and the West Bank exceeds $ 53 billion Economy news
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2/18/2025–|Last update: 2/18/202508:18 PM (Mecca time)

A evaluation issued by the United Nations, the European Union and the World Bank said on Tuesday that the needs necessary for the reconstruction of the Gaza Strip and the West Bank after 15 months of the war launched by Israel on the Gaza Strip the military operation in the West Bank will exceed $ 53 billion.

The rapid and initial evaluation of the necessary damages and needs indicated the need for 53.2 billion dollars to recover and reconstruction over the next ten years, including 20 billion dollars in the first three years.

A week ago, the Secretary -General of the United Nations, Antonio Guterres, wrote – in a report prepared at the request of the General Assembly – that the amounts necessary for the advancement and reconstruction in the short, medium and long term in the Gaza Strip “are estimated at 53 billion and 142 million dollars. Within this amount, the necessary funding is estimated In the short term of the first three years, about 20 billion and 568 million dollars. “

Earlier, a study of the American Research Foundation revealed that the reconstruction of the Gaza Strip will cost more than 80 billion dollars, and that removing the rubble alone will cost more than 700 million dollars.

The reconstruction of Gaza includes several major aspects, including:

  • The basic infrastructure includes the reconstruction of water and sewage networks, the re -establishment of electricity networks, and the rehabilitation of roads, bridges and public transportation.
  • Reconstruction of homes and buildings.
  • Health facilities, rebuilding hospitals and affected health centers.
  • Educational facilities, reform of schools, universities and educational institutions.
  • Resuscitation of productive sectors such as agriculture and industry.
  • Remove rubble and get rid of war waste.
  • Cleansing areas of unexploded munitions.
  • Rehabilitation of the public sector and government services.

The Israeli bombing of the besieged sector caused an “unprecedented destruction in modern history,” according to a previous United Nations report.

According to an evaluation of the damage conducted by the United Nations Satellite Center (Unostat) last month, until the first of December, nearly 69% of the sector buildings, a total of 170,812 buildings.

The UN health organization also says that only 18 hospitals out of 36 hospitals (50%) are “partly” with a total capacity of 1,800 beds.

Until December 1, UNICEF has counted at least 496 schools, or nearly 88% of 564 registered establishments. Among these schools is 396 schools that were afflicted with direct shelling.

Agricultural areas

According to photos taken by “Yunosat” on September 26, 2024, 68% of the agricultural lands in the sector, equivalent to 103 square kilometers, were damaged by the war.

In the North Gaza Governorate, the affected agricultural land rate reached 79%, and in the Rafah governorate 57%.

The destruction was caused by agricultural assets (including irrigation systems, livestock farms, orchards, machinery, and facilities) that the damage ranged until the beginning of 2024 between 80% and 96%, according to a report published by the United Nations Conference on Trade and Development, last September.

Road network

While related to the road network, the damage rate reached about 68% of the total sector of the sector, as a total of 1190 km was destroyed, according to a “initial analysis” conducted by “Yunosat” on August 18.

Tags: BankbillioncosteconomyexceedsGazaNewsreconstructionReportWest
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