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

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56 The National Early Recovery and Reconstruction Plan for Gaza 2014 SECTION 4: RECOVERY AND RECONSTRUCTION INTERVENTIONS 4.3.3 Trade and services Relief Early Recovery Reconstruction Total - $130m $77m $207m Similarly to industrial firms, all trade and services firms reporting damages will undergo a damage assessment that will certify the level 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 Services Rehabilitation Program (CSRP). The CSRP will provide cash grants to micro, small, and medium enterprises (MSME) who have been affected by the assault. Co-ordinated interventions will offer commercial MSMEs (e.g. vendors, and small workshops) cash grants to repair damages in their facilities, replenish their lost stocks, and resume their businesses. The program will also identify damages in the services sector (e.g. hotels, restaurants, and ICT firms) and provide grants to damaged enterprises to repair and furnish their facilities and get back to work. If needed, businesses will then be connected to financial institutions (such as microfinance 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 businesses have actually fulfilled their commitments in terms of repairing their facilities and procured goods and / or productive assets. 4.3.4 Employment and Livelihood Relief Early Recovery Reconstruction Total - $62m $7m $69m Unemployment 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 to rehabilitate and re-activate their industries. Cash-for-work (CFW) will be a key early recovery initiative, supporting other interventions, including repair and recovery, including rubble removal for temporary housing, infrastructure works related to reconstruction, labor intensive road tiling, digging ditches for water and wastewater pipes, and repairing industrial zones.
57 4.3.5 Facilitating Investment Relief Early Recovery Reconstruction Total - $20m $130m $150m Availability of capital will be critical to the recovery and reconstruction efforts of the private sector. Recognizing the extreme pressure that the assault has placed on private businesses, the Palestinian Monetary Authority (PMA) has already implemented a scheme for deferral of repayment of existing loans. Looking forward, in addition to providing compensation and assistance to the private sector, the Government, and the PMA will work with the banking sector to put in place appropriate financing mechanisms to enable the private sector to access additional financing for the recovery and reconstruction efforts. Through these mechanisms, the private sector should be able to secure increased access to working capital (for small repairs and restocking of raw materials) as well as long-term capital (for rehabilitation and reconstruction of own capacity, but also for development 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 to leverage 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 likelihood of 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 Sector Interventions & Estimated Costs by Phase Sub-Sector Relief Early Recovery Reconstruction Agriculture Industry and Manufacturing Trade and Services Employment Facilitating Private Investment ESTIMATED SUB-SECTOR COST TOTAL SECTOR COST • Detailed assessment of the agriculture sector • Compensation for production, livestock and fishing losses • Restoration of farm land, fruits, and crops • Restoration of livestock economy • Rehabilitation of fishing equipment Estimated Cost: $194m Estimated Cost: $257m • Detailed assessment of damaged facilities • Compensation for production losses Estimated Cost: $75m Estimated Cost: $284m • Detailed assessment of damaged facilities • Compensation for losses • Rehabilitation of some 3,400 commercial establishments • Rehabilitation of telecommunication infrastructure • Reconstruction of agricultural infrastructure and assets • Continued restoration of fruits and crops • Continued restoration of livestock economy • Continued rehabilitation of fishing equipment • Rehabilitation and reconstruction of 990 industrial facilities • Rehabilitation and possible expansion of Gaza Industrial Estate and other industrial zones • Reconstruction of some 800 commercial establishments • Rehabilitation of tourism facilities Estimated Cost: $130m Estimated Cost: $77m • Cash for work programs in support of • Vocational training opportunities to improve rehabilitation and reconstruction employment opportunities (will remain ongoing for reconstruction period also) Estimated Cost: $62m Estimated Cost: $7m • Financing facility for repairs and restarting of operations Estimated Cost: $20m Estimated Cost: $130m • Expanded range of financing facilities for investment • Expansion of risk guarantees for domestic firms • Capacity building $481m $754m $1.2b
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1 State of Palestine The National E
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2 The National Early Recovery and R
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4 The National Early Recovery and R
Page 9 and 10: 7 State of Palestine ACKNOWLEDGMENT
Page 11 and 12: 9 Gaza’s private sector has suffe
Page 13 and 14: 11 Sector Sub-Sector Damage Scope o
Page 16 and 17: 14 The National Early Recovery and
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Page 25 and 26: 23 companies in the implementation
Page 27 and 28: 25 2.3.3 Reconstruction Timeframe:
Page 29 and 30: 27 Beyond the right of Palestinians
Page 47 and 48: 45 Longer-term assistance projects
Page 49 and 50: 47 4.1.4 Civil Society, Community-B
Page 51 and 52: 49 4.2.2 Energy Relief Early Recove
Page 53 and 54: 51 A joint program for early recove
Page 55 and 56: 53 4.2.8 Summary of Interventions i
Page 57: 55 Thereafter, Government will impl
Page 61 and 62: 59 The work of these committees wil
Page 63 and 64: 61 4.4.5 Summary of Interventions i
Page 71 and 72: 69 6.2 Summary of Recovery and Reco
Page 73 and 74: 71 6.3 Financing Mechanisms Early r
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