Jared Kushner’s $1.4 Billion Albania Resort Project Gains Key Approval

The Albanian government has granted preliminary approval for a luxury eco-resort on a former military base, raising questions about potential conflicts of interest as Donald Trump prepares to re-enter the White House.

• Jared Kushner's investment firm, Affinity Partners, has secured preliminary approval from Albania's Strategic Investment Committee to develop a $1.4 billion luxury resort on the island of Sazan.
• The project involves converting a former military base into a five-star eco-resort, with plans to address environmental and legal concerns, including the removal of buried munitions from the site.
• Critics, including ethics experts, warn the project could create the appearance of foreign governments currying favor with Donald Trump, who will soon oversee U.S. foreign policy involving Albania and Serbia.
• The resort is expected to generate significant economic benefits, including an estimated 1,000 jobs, but has drawn mixed reactions from locals, with concerns about environmental impact and tourism changes.
• Affinity Partners, backed by $4.6 billion from Saudi Arabian and other Middle Eastern sovereign wealth funds, is also pursuing related projects in Serbia and other Balkan locations.

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