Overview

• Speaking at a Tel Aviv real estate event, the finance minister called Gaza a “real estate bonanza” and said rebuilding plans were devised after a wartime “demolition phase.”
• He said a business proposal for large-scale construction has been prepared by industry figures and is now on President Trump’s desk.
• Smotrich stated he has begun negotiations with U.S. representatives to determine land “percentages,” framing redevelopment as a way to recoup Israel’s war costs.
• The remarks echo Trump’s earlier ideas reported this year about U.S. control or a protectorate in Gaza and media reports of relocation schemes and resort-style redevelopment.
• Arab governments have publicly rejected displacement proposals, and there is no indication of a finalized U.S.–Israeli agreement on the plans.