Complete neighbourhoods in Gaza lie in ruins. Masses of 1000’s are filled into tents, suffering for meals, water and gear. Regardless of this devastation, a leaked 38-page report from Donald Trump’s management – the Gaza Reconstitution, Financial Acceleration and Transformation (Nice) Believe – proposes to “fundamentally transform Gaza” folding it into the India–Heart East–Europe Financial Hall (Imec).
Whilst framed as a reconstruction plan, it outlines “massive US gains,” Imec’s acceleration, and consolidation of an “Abrahamic regional architecture” – a time period that refers to the 2020 Abraham Accords, US-brokered agreements that normalised family members between Israel, the UAE and Bahrain.
In lots of respects, the report echoes the “Gaza 2035” plan promoted by way of Israeli top minister Benjamin Netanyahu. This used to be the 2024 proposal that envisioned Gaza as a sanitised logistics hub related to Saudi Arabia’s Neom mega-project and stripped of significant Palestinian presence.
As my co-authors and I hint in a up to date e book Resisting Erasure: Capital, Imperialism and Race in Palestine, this continues a trend of insurance policies that deny Palestinians political company and cut back Gaza to an funding alternative.
Imec used to be introduced on the 2023 G20 summit in New Delhi. Signed by way of america, EU, India, Saudi Arabia and the United Arab Emirates, it used to be billed as a transformative infrastructure assignment. It comprised a series of railways, ports, pipelines and electronic cables linking South Asia to Europe by the use of the Arabian Peninsula.
Israel used to be no longer officially a signatory, however its position used to be implicit. The hall runs from Indian ports to the UAE, overland thru Saudi Arabia and Jordan to the Haifa Port in Israel, then around the Mediterranean to Greece and Europe.
Like many such mega-projects, Imec is advertised within the language of potency – sooner commerce instances, decrease prices, new power and information corridors. However its deeper importance is political. For Washington it serves as a counterweight to China’s Belt and Highway Initiative (BRI) whilst binding India right into a US-led gadget. Europe perspectives it as a hedge in opposition to the Suez Canal and Russian pipelines.
The Gulf monarchies see a possibility to put themselves because the area’s primary centre for commerce and shipping. Israel promotes Haifa as a gateway for Euro-Asian commerce. India, in the meantime, features sooner get entry to to Europe whilst tightening its ties with each Washington and the Gulf.
Gaza as impediment and gateway
The plan casts Gaza each as an Iranian outpost undermining Imec and as a historical crossroads of commerce routes linking Egypt, Arabia, India and Europe.
By way of invoking Gaza’s historical past as a buying and selling direction, the plan gifts the territory as a herbal logistics gateway poised to “thrive once again” on the centre of a “pro-American regional order”. The blueprint proposes extending Gaza’s port from Egypt’s al-Arish, integrating its industries into regional provide chains, and reorganising its land into “planned cities” and electronic economies.
Imec and its connections.
Ecu Council on International Family members, CC BY-NC-SA
What’s being imagined isn’t restoration for its citizens, however the conversion of Gaza right into a logistics centre serving Imec.
In all probability probably the most radical component of the Nice Believe is its fashion of direct trusteeship. The plan envisions a US-led custodianship, starting with a bilateral US–Israel settlement and ultimately increasing right into a multilateral consider. This frame would govern Gaza, oversee safety, organize support and regulate redevelopment. After a “Palestinian polity” is established, the consider would nonetheless retain powers thru a Compact of Loose Affiliation.
Even probably the most ill-fated US profession plans in Iraq and Afghanistan didn’t so brazenly consider territory as a corporatised trusteeship for international capital.
‘Voluntary’ relocation
Every other putting characteristic of the plan is its provision for “voluntary relocation.” Palestinians who go away their houses in Gaza would obtain relocation applications, hire subsidies and meals stipends. The report assumes 1 / 4 of the inhabitants will leave completely, with monetary fashions appearing how the scheme turns into extra successful the extra other folks go away.
If truth be told, the perception of voluntary departure below siege and famine isn’t voluntary in any respect. Israel’s blockade has produced what UN officers describe as engineered mass hunger. To border out-migration as a call is to sanction ethnic cleaning.
The plan additionally presentations how the language of the Abraham Accords has been grafted onto Gaza’s imagined long term. Just about each and every component is wearing “Abrahamic” branding: an Abraham gateway logistics hub in Rafah, an Abrahamic infrastructure hall of railways, even new highways renamed after Saudi and Emirati leaders.
Techno-futurist gloss is added thru sensible production zones, AI-regulated knowledge centres, luxurious accommodations and new digital-ID towns, deliberate “smart cities” the place day by day existence, from housing and healthcare to trade and employment, can be mediated thru ID-based electronic techniques.
Saudi Arabia and the fig leaf of Palestinian statehood
A central ambition of the Nice Believe is to channel Gulf capital into Gaza’s redevelopment below its trusteeship. The plan forecasts US$70–100 billion (£50-£74 billion) in public funding and any other $35–65 billion from personal buyers, with public–personal partnerships financing ports, rail, hospitals and information centres.
Devastation now: Jabalia refugee camp, north of Gaza Town.
EPA/Haitham Imad
Saudi Arabia, even though no longer officially a part of the Abraham accords, signalled its acceptance of the full framework when it sponsored Imec. For Washington, Gaza’s reconstruction is imagined as the overall step in persuading Riyadh to make normalisation authentic – a prize that might anchor the “Abrahamic order”.
The Trump plan is designed to easy this trail, providing Saudi Arabia a custodial position in Gaza’s redevelopment and profitable stakes in Imec. To make the deal extra palatable, it even floats the theory of a Palestinian “polity” – a restricted governance entity below trusteeship.
Whilst such an association is also billed as a step in opposition to Palestinian statehood reputation by way of Saudi Arabia, that is exactly why any long term gestures of popularity will have to be handled with warning. The true query is what, precisely, is being recognised, and in whose hobby.
The Nice Believe is, at its core, an funding prospectus. The report values Gaza these days at “practically $0” – however tasks it might be price $324 billion inside a decade.
Gaza is described much less as a society than as a distressed asset to be flipped. That is crisis capitalism at its sharpest. It’s devastation reframed because the precondition for speculative benefit.
But visions of free-trade zones and futuristic towns temporarily collide with truth. Palestinians have persistently rejected such schemes. What this leaked report makes transparent on the other hand, is that Gaza’s long term is being framed inside this broader US effort to reshape the area.