The U.S. 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 emphasized the scale of destruction, noting that 90,000 tonnes of munitions have been dropped on Gaza, leaving 60 million tonnes of rubble to clear.

Plans show the construction of 'New Rafah' with over 100,000 housing units, schools, and medical facilities, aiming for completion within two to three years.

However, the push for reform hinges on Hamas's agreement to demilitarization, a condition that remains contentious amidst ongoing violence and humanitarian crises, and highlighted by recent deaths in Gaza.