The US has unveiled its plans for a 'New Gaza' that would see the devastated Palestinian territory rebuilt from scratch.

Slides showed dozens of skyscrapers stretching along the Mediterranean coast and housing estates in the Rafah area, while a map outlining the phased development of new residential, agricultural, and industrial areas for the 2.1 million population was also featured.

These plans were presented during a signing ceremony at the World Economic Forum in Davos for President Donald Trump's new Board of Peace, tasked with overseeing reconstruction and ending the two-year war between Israel and Hamas.

'We're going to be very successful in Gaza. It's going to be a great thing to watch,' Trump declared, emphasizing his background in real estate and the potential of the location.

Trump's son-in-law Jared Kushner, who helped broker the ceasefire that became effective in October, shared that approximately 90,000 tonnes of munitions have been dropped on Gaza, resulting in 60 million tonnes of rubble that need clearing.

Kushner suggested dividing the redevelopment into four phases, starting in Rafah and moving gradually towards Gaza City. The 'Master Plan' includes provisions for a new seaport, airport, and extensive residential and commercial zones, as well as a 'security perimeter' to ensure stability.

Despite the ambitious plans, challenges remain. Hamas has previously rejected disarming, and the situation in Gaza remains tense, with ongoing Israeli military actions and dire humanitarian conditions for the civilian population.

Trump made it clear that Hamas must demilitarize or face serious consequences, emphasizing the need for security as a prerequisite for any investments in the proposed reconstruction.