Cairo is moving forward with the proposal and will seek consensus among its Arab neighbors, an official source confirmed to Asharq Al-Awsat newspaper.

The proposal avoids displacing the population and thus represents an alternative plan to U.S. President Donald Trump’s idea of emptying the coastal enclave on the grounds of rebuilding it.

As part of the diplomatic campaign, Egyptian Prime Minister Mostafa Madbouly discussed the issue here yesterday with his Palestinian counterpart, Mohammed Mustafa.

The source told the newspaper that “it is important to inform all stakeholders of the details,” especially those countries and institutions that will finance the process.

The project has at its core the construction of the housing needed to accommodate the population of the Strip within a period of no more than three years, he stressed.

The UN estimates that more than 53 billion dollars will be necessary to restore Gaza, after 15 months of attacks by the Israeli army, which dropped more than 100,000 tons of explosives on the territory.

In recent weeks, the Egyptian president, Abdel-Fattah El-Sisi, reiterated his rejection of the displacement of the population there and insisted on the maintenance of the truce and the creation of a Palestinian state.

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