The Washington Post ran a lengthy, detailed story into a playground for wealthy investors. “The 38-page prospectus seen by the Washington Post envisions at least a temporary relocation of all of Gaza’s more than 2 million population, either through what it calls ‘voluntary’ departures to another country or into restricted, secured zones inside the enclave during reconstruction,” the Post reports. “Those who own land would be offered a digital token by the trust in exchange for rights to redevelop their property, to be used to finance a new life elsewhere or eventually redeemed for an apartment in one of six to eight new ‘AI-powered, smart cities’ to be built in Gaza. Each Palestinian who chooses to leave would be given a $5,000 cash payment and subsidies to cover four years of rent elsewhere, as well as a year of food.”
Voluminous details follow but it is not until near the end what the strategic intentions behind the plan are, aside from the profit motive. “The plan talks of Gaza’s location ‘at the crossroads’ of what will become a ‘pro-American’ region, giving the United States access to energy resources and critical minerals, and serving as a logistics hub for the India-Middle East-Europe Economic Corridor (IMEC) that was first announced during the Biden administration but derailed by the Israel-Gaza war,” the Post says. In other words, the IMEC runs counter to the International North-South Transport Corridor (INSTC). “The 7,200 kilometer/4,474 mile-long INSTC is a multimodal transportation network, connecting Central Asia, North Europe, India, Iran, Azerbaijan, and Russia,” EIR News reported in June 2024. “It dovetails the 3,000 kilometer/2,000 mile China-Pakistan Economic Corridor (CPEC). The latter is a transport and economic development corridor between Pakistan and China.”
Behind the plan, called the “Gaza Reconstitution, Economic Acceleration and Transformation Trust” (or GREAT Trust), are reported to be the same group of interests that were behind the Gaza Humanitarian Foundation operation. Trump’s February vow to own and redevelop Gaza offered both a green light and a road map for the group of Israeli businessmen, led by entrepreneurs Michael Eisenberg, an Israeli American, and Liran Tancman, a former Israeli military intelligence officer.
No one would speak to the Post about the plan on the record and it is not clear if it was discussed at the Aug. 26 White House meeting attended by, among others, Tony Blair and Jared Kushner. Perhaps most appealing, it purports to require no U.S. government funding and offer significant profit to investors, the Post says. “Calculations included in the plan envision a nearly fourfold return on a $100 billion investment after 10 years, with ongoing ‘self-generating’ revenue streams,” the prospectus reportedly says.
And what of the 2 million Palestinians whose lives are being destroyed in Gaza? While the plan offers the “option” from some of them to stay, for the most part they’re expected to leave. “The plan estimates that every individual departure from Gaza would save the Trust $23,000, compared with the cost of temporary housing, and what it calls “life support” services in the secure zones for those who stay.”
