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.

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

We're going to be very successful in Gaza. It's going to be a great thing to watch, Trump declared.

I'm a real estate person at heart and it's all about location. And I said: 'Look at this location on the sea. Look at this beautiful piece of property. What it could be for so many people.'

Trump's son-in-law Jared Kushner, who helped broker the ceasefire that took effect in October, detailed the extent of destruction in Gaza stating that 90,000 tonnes of munitions had been dropped on the area, leaving 60 million tonnes of rubble.

A proposed map illustrated the development plan featuring various zones including coastal tourism, residential areas, industrial complexes, and parks. A new seaport and airport would be built near the Egyptian border.

Redevelopment would be divided into four phases, starting in Rafah and gradually moving north towards Gaza City.

The initiative aims to construct over 100,000 permanent housing units, 200 education centers, and 75 medical facilities within New Rafah.

Kushner remained optimistic about completing the project within a few years, emphasizing the urgency of establishing security to attract investments.

Despite the ambitious plans, progress faces significant risks as prior agreements with Hamas remain fragile. Political divides and rampant humanitarian issues pose challenges to the future stability and viability of the reconstruction efforts.