The High Cost of Rebuilding Gaza: Who Will Step Up?

Examining the Financial Burden of Gaza's Reconstruction and the Role of Gulf States in Funding the Effort.

Watan-With the implementation of the ceasefire in Gaza, everyone is asking: Who will bear the cost of reconstruction? The devastation caused by the war, which has lasted for more than 15 months, has exceeded all expectations. Initial estimates suggest that rebuilding Gaza could require between $40 billion and $80 billion.

Aerial images of the destruction reveal the magnitude of the disaster. More than 42 million tons of rubble are scattered across the region, and clearing it alone would take at least 10 months at a cost of up to $1.2 billion. With Gaza’s GDP plummeting by more than 80% last year, local funding for reconstruction seems impossible, leaving the region entirely dependent on external support.

Rebuilding homes, hospitals, and destroyed infrastructure demands extraordinary efforts, with health sector reconstruction alone expected to require around $15 billion to restore basic services. However, initiating reconstruction projects hinges on several factors, most notably the stability of the ceasefire and the establishment of international mechanisms to ensure effective governance over the flow of funds.

After Gaza ceasefire agreement

Gulf nations, especially Saudi Arabia, the UAE, and Qatar, are expected to take the lead in contributions. However, the burden is so immense that no single country can shoulder it alone. Estimates indicate that any Gulf involvement will likely be tied to investment returns and expanded regional influence.

Other donor countries, including the European Union and the United States, may face pressure to contribute, particularly amidst growing international calls for Gaza‘s reconstruction as a means to achieve regional stability and prevent the resumption of war. However, these nations remain wary of past scenarios where reconstruction projects faltered due to the ongoing Israeli blockade of Gaza.

Gaza war aftermath

The challenges are not only financial. Reports indicate the presence of unexploded bombs beneath the rubble and booby-trapped homes, making the return of displaced residents highly risky. These logistical obstacles may delay the launch of major projects, alongside the need for international partnerships to oversee implementation and ensure transparency.

Ultimately, the reconstruction of Gaza is not just about rebuilding structures but a test of the international community’s commitment to restoring life to the devastated region. Will donor countries honor their pledges, or will the region continue to suffer under the weight of the blockade and destruction?

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