Jared And Ivanka’s Sazan Island In Albania Faces Protests-Here’s Why

Jared And Ivanka’s Sazan Island In Albania Faces Protests-Here’s Why

Forbes world

Key Points:

  • Thousands of Albanians have protested Jared Kushner’s planned luxury resort on the Adriatic Coast amid investigations into environmental law changes facilitating tourism development on protected land.
  • Ivanka Trump promoted the project on a podcast, describing it as a reflection of her real estate experience and lifestyle vision, drawing criticism for being out of touch with local concerns.
  • Albanian Prime Minister Edi Rama supports the development, emphasizing investor-friendly policies despite social unrest, while the government has penalized security firms involved in alleged assaults on protesters.
  • Kushner’s resort projects in Sazan and Zvërnec lack finalized plans and construction timelines, with a 10-year tax exemption granted during development under a 2024 strategic investor agreement.
  • Affinity Partners, Kushner’s fund backing the project, is primarily financed by Middle Eastern sovereign wealth funds and involves figures like Richard Grenell and Albanian businessmen, while Kushner previously withdrew from a controversial Trump-branded project in Serbia.

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