US President Donald Trump has unveiled a controversial plan to rebuild Gaza, promising coastal tourism, high-rise buildings, industrial zones, and 500,000 new jobs, without consulting Palestinians, at the World Economic Forum in Davos, Switzerland. The so-called “Board of Peace,” chaired by Trump and including Jared Kushner, Israeli Prime Minister Benjamin Netanyahu, and former UK Prime Minister Tony Blair, is set to oversee the reconstruction. The plan claims to create $25 billion in investment and raise Gaza’s GDP to $10 billion by 2035. Gaza, devastated by Israeli bombardments since October 2023, has seen over 80% of its infrastructure destroyed, leaving 2.3 million residents displaced and basic services in collapse. Hamas rejected the plan, stating that Palestinians would not accept it, while Trump described it as a business-like and entrepreneurial approach to reconstruction.


Source:   Dhaka Tribune
January 24, 2026 14:36 UTC