Short answer: As of October 2026, the approved money is far smaller than the need. The Board of Peace presented on 23 Sep 2026 a six-month plan of 2.45 billion dollars for 66 projects, against an estimate of 35.2 billion dollars for medium-term physical reconstruction and 71.4 billion over a decade. Who gets the contracts has not been decided, and for Israeli companies the realistic role is logistics, building materials and border infrastructure, not prime contracting.
The longer view
The mechanism has three tiers: the US-led Board of Peace; the National Committee for the Administration of Gaza (a Palestinian technocratic body headed by Ali Shaath), which runs civilian services; and the International Stabilization Force (ISF), planned to start in Rafah. At the Board's first meeting, on 19 Feb 2026, nine countries, among them Saudi Arabia, the UAE, Qatar and Kazakhstan, pledged 7 billion dollars to the reconstruction fund, and the United States pledged 10 billion dollars to the Board. A pledge is not a payment: the money is planned to be spread over years and is conditioned on security progress and on the disarmament of Hamas, which has not yet happened. Reconstruction is planned from south to north, from Rafah through Khan Younis to Gaza City.
This is a friction between the real estate and infrastructure layer (slow: 70% to 90% of residential buildings destroyed, according to the UN) and the narrative layer (fast: every security incident halts a budget). For an Israeli company this means the entry point is not construction tenders, which international firms with local contractors are expected to lead, but the bottlenecks: the Port of Ashdod, crossings, dual-use equipment inspection, desalination, electricity and water.
This is a reading through the seven layers of The Blue Pumpkin, the method of Dr. Bella Barda-Bareket.
What to do tomorrow morning
If you are in logistics, cement, desalination or facility security, check which international companies are selected for the first 66 projects and build subcontractor relationships. Do not plan cash flow on the basis of pledges that have not yet been deposited.
Sources: The National, 23 Sep 2026 · Al Jazeera, 19 Feb 2026 · Bizportal, 16 Feb 2026 · Mitvim, March 2026