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riversedge

(73,755 posts) Thu Jan 16, 2025, 05:32 PM 15 hrs ago

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

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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Albania approves luxury resort project linked to Jared Kushner's company (Original Post) riversedge 15 hrs ago OP

Their corruption will make them very wealthy. Irish_Dem 15 hrs ago #1

BINGO. kacekwl 15 hrs ago #2

+1 Dave Bowman 15 hrs ago #4

Its been discussed. Sorry dont have a link Evolve Dammit 13 hrs ago #7

Yes, that is why there's no cease fire. ananda 4 hrs ago #11

imagine what repukes would say if this was Hunter Biden Skittles 15 hrs ago #3

Does Albania have an expedition treaty with the U.S.A.? Buddyzbuddy 15 hrs ago #5

Do you mean... 2naSalit 12 hrs ago #8

I thought that's what I typed. Jokes on me, thanks. Buddyzbuddy 7 hrs ago #9

Hope they find some unexploded ordinance..... Evolve Dammit 13 hrs ago #6

Jared and Ivanka won't leave anything on a bone. C0RI0LANUS 6 hrs ago #10

I visited Albania in 1998 pfitz59 3 hrs ago #12

Hi pfitz59: Me too, right around then. Pillboxes, bootleg CDs, weird strong liquor. Since then? C0RI0LANUS 3 hrs ago #13

Irish_Dem

(61,041 posts)

1. Their corruption will make them very wealthy.

Reply to riversedge (Original post)

Thu Jan 16, 2025, 05:35 PM

15 hrs ago

kacekwl

(7,721 posts)

2. BINGO.

Reply to riversedge (Original post)

Thu Jan 16, 2025, 05:38 PM

15 hrs ago

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

Dave Bowman

(4,082 posts)

4. +1

Reply to kacekwl (Reply #2)

Thu Jan 16, 2025, 05:43 PM

15 hrs ago

Evolve Dammit

(19,414 posts)

7. Its been discussed. Sorry dont have a link

Reply to kacekwl (Reply #2)

Thu Jan 16, 2025, 07:54 PM

13 hrs ago

ananda

(31,052 posts)

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

Reply to kacekwl (Reply #2)

Fri Jan 17, 2025, 05:03 AM

4 hrs ago

they want a total luxury replacement in Gaza.

Skittles

(160,770 posts)

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

Reply to riversedge (Original post)

Thu Jan 16, 2025, 05:42 PM

15 hrs ago

the hypocrisy is over the top

Buddyzbuddy

(175 posts)

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

Reply to riversedge (Original post)

Thu Jan 16, 2025, 05:58 PM

15 hrs ago

2naSalit

(94,178 posts)

8. Do you mean...

Reply to Buddyzbuddy (Reply #5)

Thu Jan 16, 2025, 08:39 PM

12 hrs ago

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

(175 posts)

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

Reply to 2naSalit (Reply #8)

Fri Jan 17, 2025, 01:32 AM

7 hrs ago

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

Evolve Dammit

(19,414 posts)

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

Reply to riversedge (Original post)

Thu Jan 16, 2025, 07:53 PM

13 hrs ago

C0RI0LANUS

(2,388 posts)

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

Reply to riversedge (Original post)

Fri Jan 17, 2025, 02:50 AM

6 hrs ago

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