Is Netanyahu Doing the ‘Dirty Work’ for Blackrock. The Gaza Special Economic Zone/By Hermann Ploppa

“Gaza is described less as a society than as a distressed asset to be flipped. This is disaster capitalism at its sharpest. It is devastation reframed as the precondition for speculative profit.” —Rafeef Ziadah

At the end of August, President Donald Trump met at the White House with his Secretary of State Marco Rubio, Special Envoy Steve Wittkoff, Trump’s son-in-law Jared Kushner, and former British Prime Minister Tony Blair[1]. The gentlemen cordially discussed the 38-page exposé from an investor group.

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GR Editor’s Introductory Note

Outstanding article by Hermann Ploppa.

While BlackRock is not mentioned in the 38 pages document, a UN report by F Albanese confirms that Blackrock is funding several companies which are supporting Israel.

“The [F. Albanese] report identified US multinational investment companies BlackRock and Vanguard as the main investors behind several listed companies” (F. Albanese)

 

There are many contradictions in this document. It is personalized and in many regards superficial as outlined by Hermann Ploppa.

The crucial and stragtegic issue is Gaza’s multibillion dollar marine gas reserves which are not mentioned in the report.

See: Video: “Wiping Gaza Off the Map”: Big Money Agenda. Confiscating Palestine’s Maritime Natural Gas Reserves. 

 

Michel Chossudovsky, Global Research, October 2, 2025

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The document is titled:

“The GREAT Trust – From a Demolished Iranian Proxy to a Prosperous Abrahamic Ally”[2].

“GREAT” is capitalized. It is an abbreviation for “Gaza Reconstitution, Economic Acceleration and Transformation.” 

click below to access the 38 page document:

click image to access the complete document

 

A brief note on the Abraham Accords: in 2020, in the wake of the Corona campaign, Israel, Bahrain, and the United Arab Emirates signed a treaty that de facto stipulated close cooperation between the three countries in the areas of economics, military affairs, and foreign policy.

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From left) representatives of Bahrain, Israel, the United States, and the United Arab Emirates on the South Lawn of the White House after signing the Abraham Accords, Washington, D.C., September 15, 2020. (Official White House Photo by Shealah Craighead)

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According to this plan, the Gaza Strip, formally still a separate state under Hamas control, is to be completely leveled in order to build an ultramodern special economic zone modeled on Singapore.

A supranational trust company is to administer the Gaza Strip for ten years.

Current residents of Gaza are to be given the choice of emigrating or staying and being housed in special complexes. Those who emigrate “voluntarily” will receive a cash advance of $5,000, as well as a four-year rental subsidy as a start-up aid. The investors expect that a quarter of the Palestinians will accept the offer of emigration.

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Six to eight smart cities are to be built on the territory of the Gaza Strip.

A circular railway bears the name of the Saudi Arabian Crown Prince and de facto ruler, Prince Mohammed bin Salman.

A massive factory complex bears the name of Tesla entrepreneur and oligarch Elon Musk.

The associated leisure and hotel resort, already familiar to us from a promotional video released by the White House, bears the name of the incumbent US President Donald Trump[3].

This futuristic conglomerate, managed by artificial intelligence, will be connected to the Saudi Arabian test-tube city of Neom[4]. The newly constructed port facilities are intended to significantly facilitate trade between India, the Arab world, and Europe.

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These plans are cynical and inhumane.

Even considering such plans when, at the same time, over 60,000 defenseless civilians are being murdered in Gaza, the civilian infrastructure has been almost completely destroyed, and people are starving, is situated in the worst colonial tradition. Those responsible for these perversities claim to belong to a rules-based community of Western nations that respects human values. Such plans cannot really be presented to the public without completely destroying one’s credibility.

The way in which we are slowly being introduced to this neo-colonial perversion is remarkable. It is introduced to us in most digestible bites.

The Washington Postallegedly received the entire document and then published it as a “leak,” a leak in the shielded knowledge of the ruling class. What is strange about this, however, is that the Washington Post is owned by none other than Jeff Bezos. With an estimated market value of $200 billion, Jeff Bezos is not only one of the richest men in the world, but also the owner of the global corporation Amazon. However, Amazon is explicitly named in the allegedly leaked exposé as one of the investors involved in the GREAT project. Bezos would likely have vehemently denied that Amazon was involved in this project if this were not untrue. The Swedish company IKEA is also listed as a co-investor in the document, complete with its logo. However, according to the German BILD tabloid, IKEA has issued a denial[5]. Other investors in Techno-Gaza include the notorious “security firm” Academi (formerly known as Blackwater), the defense company Lockheed, and the car company Tesla, to name just a few well-known investors.

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Despite the extremely outrageous plans contained in the GREAT paper, the reaction in the Western Hemisphere has been rather muted. In Germany, the BILD tabloid reported on this project in an unusually objective and fact-based manner. This is remarkable, because every prospective editor at Springer Verlag, the parent company of the BILD tabloid, is required upon hiring to commit not only to “transatlantic” understanding, but also to ensure positive reporting on the Israeli government. Here, too, one wonders why, especially from pro-Israeli sources, initial impressions of the bizarre GREAT project are being fed to our intellectual digestion in small bites. Is this a kind of “serum method”? Are we given a small dose of the gruesome truth, only to then no longer rebel when the facts are revealed?

Otherwise, only a single article appeared in the so-called alternative media landscape[6]. Perhaps the full extent to which the GREAT Project is embedded in the larger geopolitical picture is not yet fully realized. But let’s first examine the GREAT Trust Project in detail.

Gaza Reconstitution, Economic Acceleration and Transformation

Please note: the GREAT paper is not the half-baked figment of a few crazy daydreamers.

The GREAT paper is a serious exposé with which a consortium of investors hopes to bring other potential investors on board. The GREAT paper therefore also makes a tough business case.

Interested investors are hyped about how much return they can expect to achieve from the Gaza investment after ten years. A favorable investment climate is, of course, a prerequisite. For this, the governments of Israel and the USA, as guarantors of the trust, are to guarantee a secure investment. For this purpose, Trump and his cronies met at the White House. Graphics, illustrations, and the concept are already taken from a paper by Israeli businessmen from 2024, which was approved by Prime Minister Netanyahu and passed on to the USA[7].

So, in the first year of the GREAT Plan, Hamas, which still stands in the way, is to be eliminated once and for all by Israeli military forces. During this first year, sovereignty over Gaza will remain with Israel. At the same time, the rubble of old Gaza will be cleared away, and any remaining bodies will be identified and buried.

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In the second year, administration and management of the major Gaza construction site will be transferred to the GREAT Trust and the Gaza Humanitarian Foundation (GHF). The Gaza Humanitarian Foundation was founded just this year by the US and Israel and is primarily known for its unilateral opening of food distribution points without consulting other aid organizations. However, the routes for the starving Palestinians were designed in such a way that the Israeli armed forces could repeatedly shoot down those seeking aid without hindrance.

The Gaza Humanitarian Fund, together with international “security” companies, will now ensure the physical well-being of the Palestinians who remained at home. Construction and investment can now continue for the remaining nine years, undisturbed by Hamas. Israel will remain as a force in the background, intervening when things get critical. And the US government watches over everything as a guarantor.

Otherwise, government authority is exercised by the predominantly private trust company GREAT Trust. This is how the flourishing landscapes described above are created, with offshore artificial islands and – what remains unmentioned in the paper – the unhindered exploitation of the gigantic oil and gas deposits in Palestinian territorial waters off the coast.

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After ten years, administration will be transferred to re-educated Palestinians who feel deeply committed to the Abraham Accords (the alliance between Israel and selected Arab sheikhdoms). Now the model calculation for the interested investors begins. Of course, the state, as an investor, must first take the lead generously, and then the private investors will follow with enthusiasm. The GREAT paper states the following:

So, as a private investor, you don’t have any reason to complain. The State, the public community, assume the risks. Nothing can go wrong. And what about the social impact of the plan? The authors of the GREAT plan tell us:

So: today, the Gaza Strip is worth zero Dollars. What is the reason? But this, as we can see immediately, is a perfect investment asset. A blank slate can be rewritten in a radical manner. The returns will confirm the investors expectations. Because, so the paper:

Mind you: these are all original passages from the GREAT paper. All genuine and without any hidden agenda. Naturally, every investor who wants additional capital for their project paints the profit prospects as rosy as possible. This super return can only be achieved if policymakers ensure absolute stability. So the Netanyahu government must really step on the gas and quickly create a fait accompli. That’s why Gaza City is currently being leveled. Along with its residents. So that a completely new beginning can be made. One is constantly reminded of the sociologist Joseph Schumpeter and his concept of “creative destruction.” This is a case of “settler colonialism”: foreign settlers are coming into an already inhabited area. To make room, the legitimate residents are now either expelled or killed[9].

This is nothing new in history. However, such settler colonialism has never happened so close to our doorstep as it is now. And this in our so humane and supposedly so enlightened postmodern era.

A Targeted Attack on the World Order

Anyone who believes that the GREAT paper’s project is doomed to failure because it is far too bizarre and contrary to all common decency is seriously mistaken. The privatization of the Gaza Strip is the spearhead of a power grab by corporations and asset managers. Property rights and land law are being radically restructured. State-guaranteed private property is being replaced by a completely new ownership organization known as “tokenization.” A complex construction that cannot be further explained here.

A completely new digital surveillance system is being tested in the Gaza Special Economic Zone. In the paper’s convoluted language, it sounds like this:

Wonderful! How good that our identity is being properly established!

But sarcasm aside: The project is firmly embedded in a geopolitical framework intended to connect India, the Arab world, and Europe. We’re talking about the India-Middle East-Europe Economic Corridor, or IMEC for short. This is a Western competitor to the Chinese-dominated Silk Road. Goods from India reach the Arabian Peninsula, where they are transported overland to the Mediterranean coast. Now all that’s missing is a truly large, modern Mediterranean port, one not controlled by a sovereign state that might turn against Western corporations, and one that wants a say in the design of the port facilities and the working conditions prevailing there. A privatized Gaza Special Economic Zone would be a perfect fit!

Accordingly, the document touts Gaza as the ideal trading hub. IMEC was only founded in 2023 by India, the United States, Saudi Arabia, the United Arab Emirates, the European Union, France, Italy, and Germany. The future transport routes have already been determined, and an official map shows Haifa, Israel, as a possible port, but another route ends—in the Gaza Strip[10]. What a coincidence.

Conclusion: This Is Not a Mistake

The plan for the Gaza Special Zone is not the bizarre figment of the imagination of isolated, demented would-be investors.

This is yet another attempt to radically overhaul the world order—toward more corporate power, further away from public control and accountability. Attempts to abolish public space and create privatized, fully digitally monitored and managed spaces are increasing worldwide. The privatization plans for Gaza now represent a particularly brutal provocation by the international asset managers of the super-rich. If this provocation is swallowed without resistance by the global public, entire countries will be put under the hammer next. The serum method will introduce us to the gruesome truth. So, first reveal small portions of the gruesome truth so that the public is desensitized to the larger attack.

And the states that have signed the IMEC Protocol will be delighted if the Gaza Special Economic Zone provides them with a hypermodern infrastructure seemingly free of charge. There is no doubt that the highest authorities are committed to creating a special economic zone in Gaza. Whether this madness can actually be implemented is another matter entirely. The project could fail because not enough money is raised. It could fail in the middle of its development phase because the consortium falls out. Or the cost estimate could turn out to be far too low. The project is closely linked to the Saudi private city project Neom. However, Neom has so far fallen disastrously short of its targets. It is on the verge of failure. Neighboring countries could refuse to accept Palestinians who want to leave.

The populations of the Arab sheikhdoms are very outraged about Israel and its genocidal actions in Gaza. How long can Western intelligence agencies continue to protect Arab despots against their own people? The solitary Turkish leader Erdogan is also angry with the IMEC alliance and wants to set up a rival alliance. Will IMEC, the Western response to the Silk Road, be able to establish itself in the long term? These are all questions that could dampen investors’ enthusiasm

But what about our solidarity with the Palestinians? The attack on the Palestinians is ultimately an attack on us. On our concepts of humanity and on the rules of mutual respect. If Gaza disappears, our human rights will ultimately disappear too.

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Related Articles

Video: “Wiping Gaza Off the Map”: Big Money Agenda. Confiscating Palestine’s Maritime Natural Gas Reserves

By Felicity Arbuthnot and Prof Michel Chossudovsky, July 15, 2025

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Donald Trump Wants to Transform Gaza into a “U.S. Territory”? Goodbye to “Greater Israel”?

By Prof Michel Chossudovsky, September 30, 2025

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Notes

[1] https://www.freitag.de/autoren/sabine-kebir/us-plan-the-great-trust-wohlhabende-palaestinenser-duerfen-in-gaza-bleiben

[2] https://www.washingtonpost.com/documents/f86dd56a-de7f-4943-af4a-84819111b727.pdf

[3] https://youtu.be/PslOp883rfI

[4] https://youtu.be/r4ox214YLvw

[5] https://www.bild.de/politik/ausland-und-internationales/brisanter-bericht-enthuellt-das-ist-trumps-great-plan-fuer-gaza-68b53ca25d3e123a945b2046

[6] https://youtu.be/HW7xCmX-fPU

[7] https://ynet-pic1.yit.co.il/picserver5/wcm_upload_files/2024/05/03/r1xP7iKGf0/Gaza_Businessmen_Initiative_heb___Copy__1_.pdf

[8] alle Zitate siehe Fußnote <2>

[9] Adam Hanieh/Robert Knox/Rafeef Ziadah: Resisting Erasure – Capital, Imperialism and Race in Palestine. London 2025

[10] https://en.wikipedia.org/wiki/India%E2%80%93Middle_East%E2%80%93Europe_Economic_Corridor#/media/File:IMEC_and_its_connections.png

All images in this article are from the author unless otherwise stated

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