Additionally 62% of the buildings still standing had sustained severe damage that rendered them uninhabitable and 90% of the main roads had been destroyed
Pelzman said on Barda’s podcast
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You have to destroy the whole place, you have to restart from scratch
And then you have an economy which actually has three sectors: 1. tourism potential, 2. agriculture potential 3. and then – because a lot of them are smart – high-tech
Pelzman said his plan, started with a three-sector model of Gaza but it requires that the place be completely emptied out
I mean, literally emptied out, dug up from scratch – and the concrete can be recycled
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This is a triangular-sector model but its implementation requires the area to be completely vacated so that the destroyed concrete can be recycled – ensuring that nothing remains of the vertical construction extending deep underground
The plan presented by Pelzman, who previously worked with USAID on economic developments in China, utilizes the BOT method – Build-Operate-Transfer – a model implemented in developing countries
According to this method, private sector companies and organizations enter into investment partnerships with governmental entities, receiving a property lease from the government for 50-100 years
Under this system, a private entity constructs and operates the project for several decades, after which ownership is transferred to a public authority During the operational period, the private entity is allowed to charge fees for the use of the infrastructure