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Board of Peace pitches $2.45 billion Gaza ‘reconstruction’ plan

Cyprus Mail · 2026-09-23

AI SUMMARY

• What happened: President Trump's Board of Peace announced a $2.45 billion plan for the reconstruction of Gaza, detailing 66 programs aimed at rehabilitating the region's infrastructure and economy amid ongoing conflict. • Why it matters: The plan is seen as a potential pathway to peace, but its implementation is uncertain due to continued hostilities between Israel and Hamas, complicating efforts for a US-backed ceasefire. • What to watch next: The international community will be monitoring the situation closely, particularly the response from both Israel and Hamas, as well as the progress of the proposed reconstruction initiatives.

**Board of Peace Proposes $2.45 Billion Gaza Reconstruction Plan Amid Ongoing Conflict**

On Wednesday, President Donald Trump’s Board of Peace announced a comprehensive $2.45 billion plan aimed at the reconstruction of Gaza, a region severely impacted by ongoing hostilities. The proposal, revealed during an event at the United Nations General Assembly in New York, outlines 66 distinct programs designed to rehabilitate Gaza’s battered infrastructure and economy, which have suffered extensively due to two years of full-scale military operations.

Despite the ambitious nature of the plan, officials from the Board of Peace acknowledged that its implementation faces significant challenges, particularly as tensions remain high between Israel and Hamas. The ongoing conflict has complicated efforts to establish a US-backed ceasefire, which was initially proposed nearly a year ago but has yet to bring about a lasting cessation of violence. Notably, recent hostilities included an Israeli airstrike on Wednesday that resulted in the deaths of four individuals, including a Hamas official.

U.S. Secretary of State Marco Rubio emphasized the long-term nature of the reconstruction effort, stating, “Obviously this is a long-term project. It’s not something that can happen in six months. But at least it gives people hope. Here’s the future that awaits you if everyone does their part.” The plan is seen as a potential pathway to peace, contingent upon cooperation from both sides.

Jared Kushner, Trump’s son-in-law and a key architect of the Gaza reconstruction initiative, acknowledged the complexities involved in the proposal's rollout. He remarked on the various delays that have hindered progress, stating, “We’re just refining, sharpening the axe, getting ready for when we get to the time to cut the tree. And hopefully, that will be very, very soon.” Kushner’s comments reflect a cautious optimism, though he also reiterated the necessity for Hamas to disarm as a condition for any meaningful progress.

The Board of Peace's plan comes in the wake of a humanitarian crisis in Gaza, where reconstruction efforts have stalled nearly a year after a ceasefire ended major fighting. The region remains in disarray, with most buildings destroyed and over 2 million residents confined to limited spaces, often living in tents or overcrowded rooms within damaged structures.

According to the Board of Peace, the physical damage in Gaza is estimated at approximately $35.2 billion, with full recovery and reconstruction projected to require around $71.4 billion over the next decade. The proposed initiatives include repairing critical border crossings, restoring electricity and water infrastructure, and deploying 25,000 portable solar power kits to address energy shortages. Additionally, the plan suggests permanently filling tunnels beneath key sites to facilitate priority reconstruction projects.

Nickolay Mladenov, the board’s lead envoy for Gaza, expressed a commitment to transforming the region’s future. He stated, “We want to give people a new chance, and we want to make sure that both the Palestinians in Gaza and Israeli communities living across the border have a chance to put behind them this fear of violence that has driven their lives for so many years.” His remarks underscore the Board of Peace's aim to create a more stable and secure environment for all residents of the region.

As the situation in Gaza continues to evolve, the success of the proposed reconstruction plan will largely depend on the resolution of underlying conflicts and the establishment of a sustainable peace agreement. The international community will be closely monitoring developments as the Board of Peace seeks to navigate the complexities of the ongoing Israeli-Palestinian conflict.

Source: Cyprus Mail
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