Egypt unveils $53B Gaza rebuilding plan

Alternative to Trump’s proposal focuses on Palestinian-led governance, security, and infrastructure development

CAIRO, Egypt  (MNTV) — Egypt has presented a sweeping $53 billion plan to reconstruct the Gaza Strip, positioning it as a Palestinian-led alternative to U.S. President Donald Trump’s controversial proposal to relocate Gaza’s population to Egypt and Jordan.

The plan was unveiled at an extraordinary Arab League summit in Cairo, where Egyptian President Abdel Fattah el-Sisi called for regional and international support to rebuild Gaza without displacing its people.

Sisi proposed the formation of a Gaza Administration Committee under the Palestinian Authority (PA), made up of technocrats and non-partisan officials, to oversee governance for the first six months.

The plan also includes security training for Palestinian forces by Egypt and Jordan and envisions potential international peacekeeping deployment under UN supervision.

During the summit, Sisi urged Arab leaders to support Egypt’s post-war roadmap, stating that the world must restore “hope and lasting peace” for Gaza’s people. He underscored that peace “cannot be maintained by force” and reaffirmed Egypt’s commitment to Palestinian self-governance.

The five-year reconstruction strategy includes a phased approach:

• Phase One ($3bn, Six Months): Clearing rubble, setting up temporary housing for 1.5 million displaced Palestinians, and restoring partially damaged homes.
• Phase Two ($20bn, Two Years): Rebuilding permanent housing, roads, essential services, and 20,000 acres of farmland.
• Phase Three ($30bn, 2.5 Years): Establishing a 600-acre industrial zone, a commercial seaport, a fishing port, and Gaza International Airport.

Egypt’s plan aims to reinstate the PA’s authority in Gaza while addressing the challenge posed by armed Palestinian factions.

Concerning armed Palestinian factions such as Hamas, the plan refers to their existence as a “key challenge” and stresses that their presence will only be resolved permanently if the root causes of armed resistance are addressed through a political process that upholds Palestinian rights.

The proposal also calls for a medium-term truce between Israel and the PA, during which all unilateral actions—including Israeli settlement expansions and military raids—should cease.

In addition to training Palestinian police, Egypt and Jordan are exploring broader international security arrangements. The plan suggests that the UN Security Council consider deploying international peacekeeping forces in Gaza and the West Bank as part of a long-term stability effort.

Funding and transparency

The ambitious reconstruction plan will rely on multiple funding sources, including:

• UN agencies and donor nations
• International financial institutions and development banks
• Foreign direct investment and multinational corporations
• Civil society organizations for grassroots fundraising efforts

To ensure transparency, an internationally supervised trust fund will oversee financial commitments and expenditures.

Egypt’s plan directly counters Trump’s vision of transforming Gaza into a tourism hub while displacing Palestinians. While Sisi acknowledged Trump’s potential role in peace efforts, he made it clear that Gaza’s future must be decided by Palestinians themselves, not imposed from outside.

By emphasizing reconstruction, governance reform, and security stabilization, Egypt is positioning itself as the key mediator in Gaza’s future. The Cairo summit signals growing regional efforts to reshape Middle East diplomacy—with a focus on Palestinian-led solutions rather than forced displacement.

With Egypt set to host a major international reconstruction conference next month, the coming weeks will be crucial in determining whether global powers and regional stakeholders rally behind this alternative roadmap for Gaza’s future.