Gaza Reconstruction Cost Breakdown
A report indicates that the cost of reconstructing the Gaza Strip after the ongoing war has risen to $71.4 billion over ten years, with $26.3 billion needed during the first eighteen months to restore essential services and repair infrastructure. The costs include $35.2 billion for direct physical damages and $22.7 billion for economic and social losses, with more than 81% of the sector's buildings destroyed. The residential sector accounts for 46% of total costs, resulting from damage to over 371,000 housing units, in addition to the need for massive investments in health, transportation, education, and water and electricity infrastructure. The sector faces significant funding challenges, as these costs require international and regional support, amidst the absence of enforceable legal mechanisms by the Israeli occupation, which bears responsibility for financing a large part of the damages caused by the war.
Notice: This Is an AI-Generated Summary
Comments (0)