Updated
Updated · Bloomberg · Jun 1
Albania's Rama Defends €4 Billion Kushner Resort as Protests Hit Adriatic Protected Area
Updated
Updated · Bloomberg · Jun 1

Albania's Rama Defends €4 Billion Kushner Resort as Protests Hit Adriatic Protected Area

2 articles · Updated · Bloomberg · Jun 1
  • Edi Rama backed Jared Kushner's planned €4 billion Adriatic luxury resort after protests broke out over preliminary work in a protected coastal area.
  • The Albanian prime minister called the development an “extraordinary investment,” saying Albania needs ambitious projects to draw higher-spending tourists.
  • Rama said the project is supported by Qatari investors and rejected demands to stop the work despite questions over ownership of land slated for development.
  • The dispute puts a high-profile foreign-backed tourism project at the center of a broader clash between investment ambitions and environmental and property-rights concerns.
As protests mount over a Kushner-backed resort, who really owns the land and the project?
Can a luxury resort be built on an island the Albanian army calls a 'minefield'?
Will a luxury resort on a protected coast derail Albania’s dream of joining the European Union?