Trump’s Gaza Peace Council Unveils $2.45 Billion Reconstruction Plan

President Donald Trump’s "Peace Council" today (Wednesday) unveiled in New York a $2.45 billion plan for Gaza’s reconstruction in 2027. The framework includes 66 projects planned for the first six months, alongside progress in the disarmament process.

The plan, developed over roughly a year by dozens of figures in the council, which includes 28 countries, and in the Palestinian technocratic government, divides the projects into six areas: infrastructure, human development, economic acceleration, digital transformation, law, and peace and security.

About $1 billion will be allocated to infrastructure. Of that amount, approximately $400 million is designated for temporary housing, $275 million for clearing rubble and unexploded ordnance, $50 million for rehabilitating hospitals, and $30 million for repairing roads.

The framework also includes rehabilitating border crossings and water and electricity infrastructure, deploying 25,000 portable solar kits, and permanently sealing tunnels beneath sites designated for top-priority projects. Also planned are a digital ID system, digital payments, 4G connectivity, electronic health and education systems, grants for small businesses, and a new investment fund for Gaza. The council and the technocratic government emphasize that reconstruction should be based on "Palestinian ownership" and led by Palestinians.

According to Axios, the full $2.45 billion has not yet been raised. The council does not expect the entire amount to be available immediately when the technocratic government enters Gaza, but is confident that donor countries will join once the political obstacles are resolved.

Implementing the framework also depends on Israel and Hamas. Israel has agreed in principle to some of the aspects previously discussed, but has not yet implemented them. Hamas has agreed in principle to disarm, but this has not yet been tested in practice. The "Peace Council" has identified the period after Israel’s elections, expected on October 27, and the formation of a new government as a possible time for reconstruction to begin.