Senior U.S. officials have presented Arab countries with a plan for Gaza’s reconstruction, promising to pay around 20 percent of the total cost of $112.1 billion over ten years, the Wall Street Journal reported on Friday.
U.S. envoy Steve Witkoff and former senior adviser Jared Kushner have reportedly shown officials from countries that expressed interest in Gaza’s reconstruction – including the United Arab Emirates, Egypt, Turkey and Qatar – a slideshow describing “Project Sunrise,” which aims to rebuild infrastructure, housing and Gaza’s economy after two years of a devastating war.
The 20-year-plan entails four phases of reconstruction after Hamas disarms, with construction beginning in southern Gaza. One slide describing a “revitalized Rafah” imagines the city as Gaza’s new administrative center, housing over 500,000 residents.
The plan also would call for “monetizing 70 percent of Gaza’s coastline beginning in year 10, and estimates the glitzy riviera could lead to over $55 billion in long-run investment returns,” the Wall Street Journal reported.
Haaretz Weekly
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The slideshow, labelled “sensitive,” does not detail which countries or companies would finance the project, but the World Bank would have a role, the report said. Israeli officials were consulted during the plan’s development.