Explained: Egypt’s $53bn plan for Gaza reconstruction

Egypt proposed on Tuesday a $53bn plan for the reconstruction of the Gaza Strip over five years, a text of which has been seen by Middle East Eye.

The proposal comes during the extraordinary Arab League summit held in Cairo as a reaction to US President Donald Trump’s declaration last month that he intends to take over Gaza and turn it into a tourism hub while displacing its Palestinian population. 

The Egyptian plan rejects the displacement of Palestinians and seeks to redevelop the enclave without depopulating it. 

It states that the Palestinian Authority (PA) will oversee the management of the reconstruction through a “Gaza Administration Committee” for the first six months.

The committee will be composed of technocrats and non-partisan members, operating under the umbrella of the Ramallah-based Palestinian government.  

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