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Albania approves luxury resort project linked to Jared Kushner's company

  • Albania's government has approved a luxury resort project linked to Jared Kushner's company, granting it strategic investor status on December 30.
  • The project on Sazan Island will cover 45 hectares and involves a planned investment of 1.4 billion euros, expected to create 1,000 jobs.
  • Kushner's firm, Atlantic Incubation Partners LLC, aims to boost local economies through tourism, but faces environmental opposition.
  • The investment will involve a joint legal entity with the state-run Albanian Investment Corporation, as stated by the Strategic Investment Committee.
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Bisnow broke the news in on Wednesday, January 15, 2025.
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