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

Days ahead of Donald Trump’s inauguration in Washington, Albanian authorities announced plans to expedite a luxury real estate project by the president elect’s son-in-law that will be built on one of the country’s outlying islands. (AFP)
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Updated 16 January 2025
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Albania approves luxury resort project linked to Jared Kushner’s company

  • The committee said the project complied with legislation on strategic investment
  • Last year, Kushner announced plans to build a tourist resort in Zvernec in southern Albania

TIRANA: Albania’s government has granted strategic investor status to a company linked to Donald Trump’s son-in-law Jared Kushner to build a luxury resort on an uninhabited Mediterranean island that was once a military outpost.
The Balkan country’s Strategic Investment Committee, headed by Prime Minister Edi Rama, on Dec. 30 accepted a proposal by Atlantic Incubation Partners LLC for the 45-hectare project on the small island of Sazan, involving a planned investment of 1.4 billion euros ($1.4 billion).
In the written decision, seen by Reuters on Thursday, the committee said the project complied with legislation on strategic investment and on the number of jobs required by the legislation, saying it would employ an estimated 1,000 people.
Under the law, the granting of strategic investment status allows companies to implement an investment project that is deemed strategic as part of a strategic sector of the economy such as tourism.
“The form of the state’s participation in this investment will be realized through the establishment of a joint legal entity,” the committee said, adding that it would include the state-run Albanian Investment Corporation.
Reuters could not immediately reach Atlantic Incubation Partners for comment.
Last year, Kushner announced plans to build a tourist resort in Zvernec in southern Albania as part of a wider investment by his Affinity Partners in the Balkans that also includes the project on Sazan, off the Albanian coast, and a project in a former army headquarters in the Serbian capital Belgrade.
Kushner, who served as a top aide to Trump during his father-in-law’s first term as US president, set up the investment firm in 2021. Trump is due to be inaugurated for a second term on Tuesday.
The projects could boost local economies by enticing visitors, but the company faces opposition from critics who say they will harm the environment or, in the case of Belgrade, threaten sites of cultural significance.


US lawmaker Fine criticized by rights advocates, Democrats after anti-Muslim remarks

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US lawmaker Fine criticized by rights advocates, Democrats after anti-Muslim remarks

  • Fine’s past comments ⁠include ⁠calling for the mass expulsion of all Muslims from the US, labeling of Muslims as “terrorists” and the mocking of the starvation and killing of Palestinians in Gaza, among others

WASHINGTON: ‌Rights advocates and multiple Democrats on Tuesday condemned anti-Muslim comments by Republican US Representative Randy Fine who ​said on Sunday that “the choice between dogs and Muslims is not a difficult one.”
Fine, whose comments against Muslims have often sparked outrage, has dismissed the criticism and since doubled down on his remarks on social media. The Council on American-Islamic Relations designated the ‌Republican US ‌lawmaker from Florida as an ​anti-Muslim ‌extremist ⁠last ​year.
“If they ⁠force us to choose, the choice between dogs and Muslims is not a difficult one,” Fine said on X on Sunday in a post that had over 40 million views as of Tuesday afternoon.
Some ⁠high-profile Democrats including California Governor Gavin Newsom ‌called for him ‌to resign while House ​of Representatives Minority Leader ‌Hakeem Jeffries called Fine an “Islamophobic, disgusting and ‌unrepentant bigot.”
Jeffries also called for Republicans — who hold a majority in both chambers of Congress — to hold Fine accountable.
“To ignore this is to ‌accept and normalize it,” Democratic US Representative Alexandria Ocasio-Cortez said. Fine’s past comments ⁠include ⁠calling for the mass expulsion of all Muslims from the US, labeling of Muslims as “terrorists” and the mocking of the starvation and killing of Palestinians in Gaza, among others. Rights advocates have noted a rise in Islamophobia in the US in recent years due to a range of factors including hard-line immigration policies and white-supremacist rhetoric, as ​well as the ​fallout of Israel’s war in Gaza on American society.