Egypt has unveiled a significant $53 billion reconstruction plan for the Gaza Strip during an emergency summit in Cairo. This initiative, supported by President Abdel Fattah al-Sisi, includes a six-month initial recovery phase that focuses on debris removal and temporary housing. The broader plan envisions building 400,000 housing units over the next several years to accommodate up to 3 million residents and developing essential infrastructure. The initiative has garnered support from UN Secretary-General Antonio Guterres, who endorsed the plan and advocated for peace negotiations to resume promptly while Israel called for demilitarization of Gaza amid ongoing ceasefire discussions.
Egypt's proposed $53 billion reconstruction plan for Gaza aims to revitalize the region and allow Palestinians to remain on their land by providing extensive housing and infrastructure.
President Sisi's reconstruction plan includes a six-month recovery phase costing around $3 billion, emphasizing the establishment of housing units and infrastructure to support millions.
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