Kushner, Ivanka Trump Plan $1.4B Resort on Albania's Sazan Island

Ivanka Trump and Jared Kushner are investing $1.4 billion to transform Albania's Sazan Island, a former Soviet military base, into a luxury eco-resort aimed at attracting ultra-wealthy tourists. The development, led by Kushner's private equity firm Affinity Partners and supported by the Albanian government, will feature a luxury hotel, private villas, a yacht marina, wellness facilities, restaurants, walking trails, and a ferry connection to the mainland. The Albanian government has granted Kushner's company 'strategic investor' status, providing tax incentives and infrastructure support, while also establishing a state-owned company to hold a stake in the project and oversee government interests. Local tour operators and residents largely support the project, anticipating economic growth and increased high-end tourism, though some emphasize the importance of preserving the island's historical legacy. Environmental concerns have been raised due to Sazan Island's location within a marine national park, highlighting the need for sustainable development practices. The project is seen as a strategic move to boost Albania's tourism sector and align the country more closely with Western interests.