Jared Kushner and Ivanka Trump arrive at the Global Center for Countering Extremism in Riyadh. Photo: Mandel Ngan/AFP/Getty Images
Ambitious Plans
Jared Kushner, former senior advisor to President Donald Trump, intends to turn a wild stretch of Albania’s coastline into a luxury resort. This project, which could become his most significant achievement, will use part of his $3 billion investment fund, primarily funded by investors from Saudi Arabia and other Middle Eastern countries. The project aims to boost international tourism in a region that has suffered from economic stagnation due to prolonged communist rule and isolation.
Photo: adobe stock
Environmental Concerns
However, Kushner’s project has raised significant environmental concerns. The planned construction of luxury villas and hotels could threaten the unique habitat of pelicans, flamingos, and other endangered species, and potentially damage one of the last wild coastal ecosystems in the Mediterranean. Ryan Gellert, CEO of Patagonia, expressed his concern, noting that this area is crucial for ecological balance and that the absence of a master plan makes the project risky.
Political Connections and Conflicts of Interest
The project also raises questions about Kushner’s political connections and potential conflicts of interest. After leaving government service, Kushner secured significant funding from sovereign wealth funds, notably from Saudi Arabia. This funding was facilitated through Kushner’s close ties with Saudi Crown Prince Mohammed bin Salman. Critics argue that such deals could be seen as a conflict of interest, considering Kushner received substantial commissions for managing these investments.
Role of the Albanian Government
Recent changes in Albanian legislation, which previously prohibited tourism development in protected areas, now allow for elite tourism projects. Prime Minister Edi Rama, who has actively collaborated with Trump and his team, supported these changes to accelerate economic development. This opens the door for Kushner’s project. On social media, Kushner has showcased luxury resort concepts, including wave-like architectural designs and a new international airport.
The need for balanced development
Jared Kushner’s project in Albania has sparked considerable controversy due to its potential environmental impact and political conflicts of interest. Environmental activists warn of adverse effects on the unique ecosystem, while changes in Albanian legislation raise questions about sustainable development strategies. The situation requires careful monitoring to ensure a balance between economic progress and environmental protection.
Source: Washington Post
