WASHINGTON — Board of Peace Gaza Executive Board member Yakir Gabay says the reconstruction of Gaza begins with clearing over 70 million tons of rubble and unexploded ordnance, along with hundreds of miles of tunnels.
“We have a detailed master plan for housing and infrastructure of modern schools and hospitals, manufacturing and agriculture, roads and trains, water and energy plants, logistic hubs, telecom, tech and data centers, sports and leisure facilities, seaport and airport and much more,” says Gabay, an Israeli-Cypriot real estate mogul.
“The funding is ready and will be invested in a free economy,” Gabay says.
“The local population will build their own cities, which will create hundreds of thousands of jobs and will revive the economy.”
“The Gaza coastline is 26 miles long. It can be developed as a new Mediterranean Riviera with 200 hotels and potential islands. The value goes to the Gazans through the Gaza sovereign fund,” Gabay clarifies. “This plan is all subject to a full disarmament of Hamas.”
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From the Liveblog of
Thursday, February 19, 2026
Add ToI as a Preferred Source on Google
