Trucks transporting humanitarian aid wait to enter through the Egyptian side of the Rafah border crossing with the Gaza Strip in northeastern Egypt on January 27, 2026, as the vital crossing to the Palestinian territory reopens. The Rafah crossing between Gaza and Egypt is the Palestinian territory's only gateway to the outside world that does not lead to Israel and is a key entry point for both people and goods. It had been closed since Israeli forces took control of it in May 2024, except for a limited reopening in early 2025, and other bids to reopen failed to materialise. (Photo by AFP)
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Firstpost03-02-2026, 15:46

US Firm Gothams LLC Seeks 300% Profit from Gaza Reconstruction Under Trump's Board of Peace

  • Gothams LLC, a US disaster-response company, proposed managing Gaza aid logistics, aiming for a 300% profit.
  • The plan, submitted to Donald Trump's Board of Peace, outlines exclusive control over trucking, warehousing, and distribution for seven years.
  • Gothams partner Chris Vanek stated he provided assistance based on his conflict zone experience, denying discussions on financing or returns.
  • Gaza's reconstruction is estimated by the UN to cost over $70 billion, with 83% of buildings destroyed.
  • Critics fear the proposal commodifies humanitarian aid and sidelines broader international participation.

Why It Matters: A US firm seeks massive profits from Gaza aid, raising concerns about humanitarian logistics and reconstruction.

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