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.

The proposals 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 ongoing conflict and overseeing reconstruction.

Trump expressed optimism about the success of the plan, emphasizing the strategic location of Gaza and its potential for development.

Plans include areas for 'coastal tourism', educational and medical facilities, and infrastructure such as a new seaport and airport near the Egyptian border. Redevelopment would be phased, starting from Rafah and advancing northward.

Trump's administration envisions the completion of 'New Rafah' with over 100,000 housing units, schools, and healthcare centers, and is soliciting international contributions to fund the reconstruction.

Despite the optimism, security concerns remain paramount, with Trump's senior advisor highlighting the need for Hamas to demilitarize as part of the peace process.

As the war in Gaza rages on with severe humanitarian consequences, the proposed plan represents a controversial yet ambitious attempt to reshape the future of the region following extensive destruction.