UN estimates Gaza rebuild to cost $70 bln

There are promising early indications from countries about their willingness to contribute to the $70 billion cost of rebuilding Gaza, a United Nations Development Programme official said on Tuesday.

“We’ve had very good indications already," UNDP's Jaco Cilliers told reporters at a press conference in Geneva.

He estimated that the two-year Israel-Hamas war had generated at least 55 million tons of rubble.