Infrastructure losses in Gaza estimated at $479m

An official, international-standard estimation has revealed that the value of infrastructural damages suffered by Gaza during the recent bouts of war in the region is about US$479 million. 

This is according to an announcement made by the Palestinian Ministry of Housing in Gaza.

During a press conference, Deputy Housing Minister Naji Sarhan said that the broader damages are spread across the development, economic, housing, and infrastructure sectors.

Losses in housing and infrastructure take up 61%, while over 33% was in the economic sector, and the remaining 7% affected social development.

The Palestinian government in Gaza put together The High Government Committee for the Reconstruction of Gaza, a committee tasked with supervising the recovery, especially of infrastructure, in Gaza following the conflict.

The committee indicated that it applied international standards in reaching the valuation of losses suffered.