Economy

Serbia approves $500M Trump hotel and offices by Jared Kushner's firm

"Breaking: Serbia greenlights a $500M development by Jared Kushner's firm, featuring a Trump hotel and mixed-use spaces. Explore the project's economic implications today."

BY: 5 min read
Serbia approves $500M Trump hotel and offices by Jared Kushner's firm
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Serbia has approved Jared Kushner"s Miami-based investment firm, Affinity Partners, to develop a $500 million project that will include a Trump hotel, apartments, shops, and offices. The project will be located on the Generalstab site, which was previously the site of the 1999 NATO bombing.

This decision marks a significant investment in the region, with plans for the development to encompass various commercial and residential spaces. The approval comes amidst ongoing discussions about foreign investments in Serbia and their potential impact on the local economy.

For further context on related developments, see recent developments in politics.