Foreign News

Gaza Power Sector Faces $450M Loss Amid Conflict: Rehabilitation Plans Underway

The Gaza Electricity Distribution Company has revealed staggering losses of approximately $450 million to the power sector following Israel’s military assault on the besieged enclave.

In a statement released on Monday, the company accused Israeli forces of deliberately targeting its headquarters, damaging electricity lines, and destroying nearly 80% of its equipment during the conflict.

Welcoming the recent ceasefire agreement in Gaza, the company described it as a pivotal step toward achieving long-term security and stability in the region.

Spokesperson Mohammed Thabet expressed optimism and assured the public of the company’s commitment to rebuilding efforts.

“We are fully prepared to repair the extensive damage and reinstate electricity services to support relief operations for citizens in Gaza as soon as possible,” stated Thabet.

The company has outlined comprehensive rehabilitation plans to restore damaged electrical networks and repair critical infrastructure impacted during the war.

Restoration efforts are set to begin immediately, with the goal of ensuring the resumption of essential services across the Gaza Strip.

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