The plan estimates the material damage in the Gaza Strip at about $35.2 billion, while indicating that full reconstruction and recovery will require about $71.4 billion over the next decade.
The plan allocates about $1 billion for infrastructure projects, including $400 million for temporary housing, $275 million for rubble removal and unexploded ordnance, $50 million for hospital rehabilitation, and $30 million for road network repair.
It also allocates about $885 million for security projects, including $275 million to establish a permanent site for the international stabilization force in Rafah to accommodate 5,000 personnel, $140 million to recruit, train, and equip a multinational security force, in addition to $120 million for the Palestinian police and $20 million for a program to purchase weapons and ammunition from armed factions.
The plan also includes the repair of crossings, electricity and water networks, and the deployment of 25,000 portable solar power systems, along with health, education, and social care programs with an allocation of about $300 million.
According to Axios, the projects include the establishment of a digital identity and payment system, the provision of fourth-generation communication services, the launch of electronic health and education systems, and grants to restart small businesses and a new investment fund for Gaza.
The plan faces political and financial challenges, as its implementation requires the cooperation of Israel and Hamas, while the full amount of $2.45 billion has not yet been secured.
Peace Council officials said that full funding is not required immediately upon the entry of the Palestinian technocratic government into Gaza, expressing confidence that donor countries will provide the necessary funds after overcoming political obstacles.
Representatives from 35 countries are scheduled to participate in the Council meeting on Wednesday, including representatives from the European Union and its member states, while Jared Kushner, Steve Witkoff, Nikolai Mladenov, former British Prime Minister Tony Blair, and other officials will speak during the meeting.