US Denies Paying Majority Of Gaza Reconstruction Plan
Do you really think that the US was prepared to pay $60 billion just to make Gaza a new place? Not at all! The State Department’s Bureau of Near Eastern Affairs criticized such reports on Sunday by labeling them “fake news.” Their communication on X sharply stated that nowhere in the Trump administration’s $112 billion Project Sunrise plan does it mention the U.S. will pay more than half. While the news was indicating one thing, the initial reveal of the plan actually came from The Wall Street Journal, which talked about Jared Kushner and Middle East envoy Steve Witkoff being the ones behind the blueprint, with Israeli officials giving their input.
You Might Be Interested In
So what’s actually going on? The plan is very much big, imagine luxury hotels by the beach, AI-powered smart grids, and a renovated Rafah, but the U.S. part is not playing the role of covering the entire cost.
Are you wondering how much the U.S. will really put up and who else is in the game? Then keep following us, Project Sunrise has many more things to unfold, and the intricate details are just as captivating as the headlines.
You Might Be Interested In
What We Know About Project Sunrise
Let us welcome Project Sunrise, an ambitious plan worth $112 billion to transform Gaza into a modern-day amusement park. The idea, which is based on Israeli feedback, was created by Jared Kushner and Middle East mediator Steve Witkoff. It is now presented in a 32-slide PowerPoint that depicts luxurious seaside hotels, fast trains, and smart grids powered by AI. One of the slides makes the bold claim, “Reimagining Gaza as a ‘smart city’ with tech-driven governance and services.” The nucleus of the whole project is a renewed Rafah, which is planned for more than 500,000 people and, more especially, for the administration of Gaza. Would you like to know how this futuristic picture is going to be realized? The particulars are as intriguing as the idea itself.
Key Infrastructure And Investments
Under Project Sunrise, Rafah would include:
- 100,000+ permanent housing units
- 200+ K-12 schools, universities, and vocational schools
- 75+ medical clinics and hospitals
- 180+ mosques and cultural centres
- $4 billion in utilities and infrastructure
- $1 billion for commercial zones, business districts, malls, and retail centres
The plan also projects monetizing 70% of Gaza’s coastline and over $55 billion in long-term investment returns.
How Much Will The US Contribute To Project Sunrise, And Who Else Is Involved Financially?
As per the news, almost $60 billion would be covered by the combination of grants ($41.9 billion) and new loans ($15.2 billion) out of the total cost of Project Sunrise of $112 billion. The US is predicted to give at least 20% of the total funding, but the precise amount beyond that is not indicated.
Among the international organizations, the World Bank is one of the major financial supporters of the ambitious project of Gaza’s reconstruction, which intends to upgrade the region with new infrastructure, housing, and commercial developments.
(With Inputs From X And Reuters)
Also Read: Is Trump’s $170 Billion Immigration Crackdown In 2026 A Bold Move Or A Political Miscalculation Ahead Of Midterm Elections?
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
You Might Be Interested In
