On September 18, 2025, Israeli Finance Minister Bezalel Smotrich stirred controversy by referring to Gaza as a “real-estate bonanza.” Speaking at a real-estate conference in Tel Aviv, he said there is a “business plan … on President Trump’s table” to turn Gaza into a profitable investment area once the current conflict ends. (The Siasat Daily)
Smotrich claimed that the “demolition phase” in Gaza is already complete, and what now follows is reconstruction which he believes will be cheaper. He said negotiations have already begun with U.S. officials on how to divide profits from land development in Gaza. (ynetglobal)
The Palestinian Foreign Ministry condemned his statements, calling them a sign of “moral and political bankruptcy” and accusing Israel of planning eviction or displacement under the cover of reconstruction efforts. (The Siasat Daily)
Key Points & Concerns
- Economic framing of war’s aftermath: Smotrich’s vision treats Gaza not primarily as a humanitarian recovery zone but as an investment opportunity. (Times of Malta)
- Legal & moral backlash: Critics argue that rebuilding projects must not displace civilians or erase rights, and warn these plans may violate international law if they lead to forced removals. (The Indian Express)
- What’s on the table: Smotrich says discussions with the U.S. are underway, including how land will be shared (percentages), and what rebuilding will look like. He also emphasized the cost already borne by Israel during military operations. (World Israel News)
