Reconstruction of Gaza Estimated at USD 70 Billion; “No Modern Comparison” Says Experts
An international assessment today warns that rebuilding the Gaza Strip after years of conflict could cost as much as USD 70 billion, with rehabilitation expected to span decades. According to the report, there is “no modern comparison” for the scale of destruction and reconstruction required.
The devastation stems from extended military operations, repeated bombardments and extensive damage to infrastructure, housing, utilities and civilian facilities. The report underscores the huge challenge ahead for humanitarian agencies, governments and local administrations.
Experts caution that even with significant donor engagement, the combination of destroyed infrastructure, displaced populations and complex political dynamics means that long-term planning is required, not just short-term relief. They argue that over-optimistic timelines risk leaving large gaps in services, shelter and economic recovery.
Why it matters & implications
For humanitarian agencies and governments, the vast cost and drawn-out timeframe mean budgets must account for long-term investment rather than short-term fixes.
Politically, the scale of reconstruction may become a point of contention among donor states, regional actors and local governance structures.
Economically, the destruction and rebuilding create enormous opportunities (and risks) for investment, contracting and infrastructure firms—but also raise concerns about accountability, oversight and the fate of displaced communities.
Socially, the length of the recovery means many civilians will remain in temporary conditions, with implications for health, education and social cohesion.
What to watch next
Major donor conferences or funds being announced with multi-year commitments to Gaza’s rebuilding.
How neighbouring states and regional bodies (e.g., UN, EU, Arab League) coordinate reconstruction efforts and manage governance/oversight.
Any announcements of private-sector involvement, reconstruction contracts, or investment-opportunities in Gaza.
The fate of displaced populations—when they return home, how housing is rebuilt, and how local economies are revived.
