This American firm could reap 300% profit managing Gaza aid under Trump's Board of Peace – Firstpost

This American firm could reap 300% profit managing Gaza aid under Trump’s Board of Peace – Firstpost

  • Post category:World News
Share this Post


A US firm, Gothams LLC, submitted a controversial proposal to President Trump’s Board of Peace, offering to manage Gaza’s aid logistics while guaranteeing investors up to 300% profit

A US-based disaster-response company has submitted a controversial proposal to the White House that could see it earning massive returns from reconstruction in Gaza, according to documents obtained by The Guardian. The plan, prepared for President Donald Trump’s newly formed
Board of Peace, outlines a logistics system for aid into Gaza that would guarantee investors at least 300 percent profit.

The proposal was submitted in November by Gothams LLC, and aims to manage trucking, warehousing and distribution for supplies entering the war‑torn territory. Under the draft plan, Gothams would charge fees for each truck and services it provides, securing exclusive control of the system for seven years, with an option to extend for another three.

STORY CONTINUES BELOW THIS AD

“The Board of Peace, Palestinian and Israeli stakeholders, and the US Department of State asked me to assist with planning efforts based on my extensive experience in conflict zones, reconstruction, and disaster response,” a Gothams spokesperson quoted partner Chris Vanek, a former US army officer, as saying. “There is no existing agreement or contract, and I have provided this assistance at my own expense in support of peace efforts.”

The firm later clarified that Vanek “has not had any discussions regarding financing, investment, or returns, and any suggestion otherwise would be inaccurate.”

What’s at stake in Gaza reconstruction

The financial stakes in Gaza’s rebuilding are enormous. The United Nations estimates reconstruction will cost more than $70 billion, as roughly 83 percent of buildings have been destroyed and much of the population displaced by years of conflict.

Donald Trump, who chairs the Board of Peace, has previously painted Gaza as having the potential to become “the Riviera of the Middle East,” a vision that blends economic opportunity with post‑war redevelopment. Critics argue that allowing a single company such generous profit guarantees risks commodifying humanitarian logistics and sidelining broader international participation.

Also read |
Why opening of the Rafah border crossing matters for Gaza

Under Trump’s 20‑point Gaza plan, laid out last year, the focus is on a truce, disarmament of Hamas, Israeli withdrawal and international oversight of reconstruction, even as violence and instability persist in the region.

While the proposal has been shared with White House officials in recent weeks, no formal agreement or contract has been signed.

STORY CONTINUES BELOW THIS AD

End of Article



Source link

Share this Post

Leave a Reply