National Early Recovery and Reconstruction Plan for Gaza 2014-2017_FINAL

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56The National Early Recovery and Reconstruction Plan for Gaza 2014SECTION 4: RECOVERY AND RECONSTRUCTION INTERVENTIONS4.3.3 Trade and servicesRelief Early Recovery Reconstruction Total- $130m $77m $207mSimilarly to industrial firms, all trade and services firms reporting damages will undergo a damage assessment that will certify thelevel of losses and eligibility for assistance.Compensation for production losses will be distributed as a first step in early recovery.Thereafter, the Government will implement a series of interventions under the umbrella of a Commercial and ServicesRehabilitation Program (CSRP). The CSRP will provide cash grants to micro, small, and medium enterprises (MSME) who havebeen affected by the assault. Co-ordinated interventions will offer commercial MSMEs (e.g. vendors, and small workshops) cashgrants to repair damages in their facilities, replenish their lost stocks, and resume their businesses. The program will also identifydamages in the services sector (e.g. hotels, restaurants, and ICT firms) and provide grants to damaged enterprises to repairand furnish their facilities and get back to work. If needed, businesses will then be connected to financial institutions (such asmicrofinance institutions) that work in Gaza in order to ensure access to finance for future needs.The program will be implemented in a phased approach and payments will be done on installments to ensure that the businesseshave actually fulfilled their commitments in terms of repairing their facilities and procured goods and / or productive assets.4.3.4 Employment and LivelihoodRelief Early Recovery Reconstruction Total- $62m $7m $69mUnemployment has increased from the pre-assault 45 percent, as a result of damage to industries and commercial enterprises.Job creation will stimulate early recovery both at the household level and in key private sector areas that can use manpower torehabilitate and re-activate their industries.Cash-for-work (CFW) will be a key early recovery initiative, supporting other interventions, including repair and recovery, includingrubble removal for temporary housing, infrastructure works related to reconstruction, labor intensive road tiling, digging ditchesfor water and wastewater pipes, and repairing industrial zones.
574.3.5 Facilitating InvestmentRelief Early Recovery Reconstruction Total- $20m $130m $150mAvailability of capital will be critical to the recovery and reconstruction efforts of the private sector. Recognizing the extremepressure that the assault has placed on private businesses, the Palestinian Monetary Authority (PMA) has already implementeda scheme for deferral of repayment of existing loans. Looking forward, in addition to providing compensation and assistanceto the private sector, the Government, and the PMA will work with the banking sector to put in place appropriate financingmechanisms to enable the private sector to access additional financing for the recovery and reconstruction efforts. Throughthese mechanisms, the private sector should be able to secure increased access to working capital (for small repairs andrestocking of raw materials) as well as long-term capital (for rehabilitation and reconstruction of own capacity, but also fordevelopment and delivery of reconstruction projects), at reduced interest rates. Alongside additional financing mechanisms,options for affordable risk insurance for domestic businesses will be explored. These facilities will allow selected businesses toleverage the compensation and assistance they receive to greater effect and at lower risk.Alongside increased financing, the Government will deliver selected capacity development programs, to strengthen the likelihoodof success of reconstruction efforts by the private sector and drive increased profitability. These will include professional training,improvement of management skills, marketing support, and awareness of financing strategies and options.4.3.6 Summary of Interventions in Economic SectorInterventions & Estimated Costs by PhaseSub-Sector Relief Early Recovery ReconstructionAgricultureIndustry andManufacturingTrade andServicesEmploymentFacilitatingPrivateInvestmentESTIMATEDSUB-SECTORCOSTTOTAL SECTORCOST• Detailed assessment of the agriculture sector• Compensation for production, livestockand fishing losses• Restoration of farm land, fruits, and crops• Restoration of livestock economy• Rehabilitation of fishing equipmentEstimated Cost: $194m Estimated Cost: $257m• Detailed assessment of damaged facilities• Compensation for production lossesEstimated Cost: $75m Estimated Cost: $284m• Detailed assessment of damaged facilities• Compensation for losses• Rehabilitation of some 3,400 commercialestablishments• Rehabilitation of telecommunicationinfrastructure• Reconstruction of agricultural infrastructureand assets• Continued restoration of fruits and crops• Continued restoration of livestock economy• Continued rehabilitation of fishing equipment• Rehabilitation and reconstruction of 990industrial facilities• Rehabilitation and possible expansion of GazaIndustrial Estate and other industrial zones• Reconstruction of some 800 commercialestablishments• Rehabilitation of tourism facilitiesEstimated Cost: $130m Estimated Cost: $77m• Cash for work programs in support of • Vocational training opportunities to improverehabilitation and reconstructionemployment opportunities(will remain ongoing for reconstructionperiod also)Estimated Cost: $62m Estimated Cost: $7m• Financing facility for repairs and restarting ofoperationsEstimated Cost: $20m Estimated Cost: $130m• Expanded range of financing facilities forinvestment• Expansion of risk guarantees for domestic firms• Capacity building$481m $754m$1.2b
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Page 9 and 10: 7State of PalestineACKNOWLEDGMENTST
Page 11 and 12: 9Gaza’s private sector has suffer
Page 13 and 14: 11Sector Sub-SectorDamageScope of R
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Page 25 and 26: 23companies in the implementation e
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Page 29 and 30: 27Beyond the right of Palestinians
Page 47 and 48: 45Longer-term assistance projects w
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Page 51 and 52: 494.2.2 EnergyRelief Early Recovery
Page 53 and 54: 51A joint program for early recover
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Page 57: 55Thereafter, Government will imple
Page 61 and 62: 59The work of these committees will
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National Early Recovery and Reconstruction Plan for Gaza 2014-2017_FINAL

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