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

[riversedge]

Source: reuters




January 16, 20257:22 AM CST Updated 9 hours ago



TIRANA, Jan 16 (Reuters) - 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.........................


Read more: https://www.reuters.com/business/albania-approves-luxury-resort-project-linked-jared-kushners-company-2025-01-16/

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Link to tweet

[Irish_Dem]

1. Their corruption will make them very wealthy.

[kacekwl]

2. BINGO.

I'm sure they're drawing up plans for a similar resort in Gaza.

[Dave Bowman]

4. +1

[Evolve Dammit]

7. Its been discussed. Sorry dont have a link

[ananda]

11. Yes, that is why there's no cease fire.

they want a total luxury replacement in Gaza.

[maxsolomon]

14. I can never tell if DU seriously thinks that Kushner wants to build a luxury resorts in Gaza or it's just snark.

Because it ain't going to happen.

[Skittles]

3. imagine what repukes would say if this was Hunter Biden

the hypocrisy is over the top

[Buddyzbuddy]

5. Does Albania have an expedition treaty with the U.S.A.?

[2naSalit]

8. Do you mean...

Extradition? I'd have to check.

Seems so. Here's a 2022 document from Congressional archives about it.

https://www.congress.gov/treaty-document/117th-congress/2?loclr=bloglaw

[Buddyzbuddy]

9. I thought that's what I typed. Jokes on me, thanks.

Spell check may have interfered? I really have to proofread. I'll leave it, it's funny as is. Thanks again 2naSalit.

[maxsolomon]

15. Yes.

Items can be expedited to Albania, and vice versa.

[Buddyzbuddy]

18. Good to know thanks.

We wouldn't want complications to slow anything down.

[Evolve Dammit]

6. Hope they find some unexploded ordinance.....

[C0RI0LANUS]

10. Jared and Ivanka won't leave anything on a bone.

Per CIA, GDP per capita in Albania is $18,100 with a population of 3.1m people

Ivanka and Jared know how to pick soft targets.

In terms of corruption, Albania ranks 98/180:

25% of public service users paid a bribe in the previous 12 months.

The limited ability to enforce the law, combined with corruption, weak institutions, and a significant informal economy, renders Albania vulnerable to money laundering despite recent efforts to strengthen the anti-money laundering system in the country.

About the real estate purchase:

Bledar Alexandros Konomi, a University of Cincinnati professor of statistics, told the Independent that it’s “very obvious that a big corruption scheme is going on.”

Albania is ranked tenth in Europe for criminality by the Global Organized Crime Index.






Jared and Ivanka Kushner honeymoon photo (Credit: Jimmy Olsen)

Sources:

https://ocindex.net/country/albania

https://www.transparency.org/en/countries/albania

CIA

https://www.independent.co.uk/news/world/americas/us-politics/jared-kushner-ivanka-trump-resort-albania-b2607034.html

[pfitz59]

12. I visited Albania in 1998

on business. Broken country run by criminal gangs. I wonder what's changed?

[C0RI0LANUS]

13. Hi pfitz59: Me too, right around then. Pillboxes, bootleg CDs, weird strong liquor. Since then?

Albania is a NATO member, they have national health care and probably no more pictures of this guy:

[Butterflylady]

16. What a stupid country. They will be sorry.....

When dump tries to buy the country or invade.

[dalton99a]

17. Kick