Gaza’s post-war recovery may cost $50 billion, says US envoy

US Special Envoy Steve Witkoff has estimated the cost of rebuilding the war-torn Gaza Strip at approximately $50 billion.

He said that the reconstruction and rehabilitation of Gaza after two years of war could require that amount, Caliber.Az reports, citing Sky News.

“It might be a little bit less; it might be a little bit more,” Witkoff noted, adding that for the region, “it’s not that much money.”

In the aftermath of more than two years of intense conflict between Israel and Hamas, international agencies, including the World Bank, United Nations and the European Union (EU), estimate that rebuilding Gaza will cost well in excess of US $50 billion, with some estimates rising to around US $70 billion.

The destruction is vast: over half the population displaced, critical infrastructure razed, and enormous amounts of rubble and unexploded ordnance remaining.

Meanwhile, humanitarian access remains severely constrained: although shipments into the Strip have increased since the latest cease-fire, only a fraction of northern Gaza is receiving aid amid damaged transport routes, closed crossings and infrastructure collapse.

Environmental and infrastructure damage is extensive — wastewater treatment, energy, and agricultural systems remain largely destroyed or non-functional; one assessment found over 69 % of Gaza’s infrastructure was damaged, with severe implications for health, sanitation and food security. 

By Jeyhun Aghazada