(VOVworld) - The reconstruction of the Gaza Strip, devastated during 50 days of war with Israel, will cost six billion euros, Palestinian experts said in a report on Thursday.

Gaza strip after air strikes (Photo: AFP/VNA)

The Palestinian Economic Council for Development and Reconstruction, a Palestinian Authority body that oversees the implementation of donor-financed projects, said the process would take "five years if Israel removed its blockade of Gaza entirely." The conflict between Israel and Hamas movement has cost the lives of more than 2,140 Gazans, destroyed thousands of homes, severely damaged the enclave's sole power plant and destroyed dozens of factories.