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Protests are planned in Serbia against a real estate project financed by Trump's son

2024-05-18 00:09:54 [business] Source:Worldly Watch news portal

BELGRADE, Serbia (AP) — Opposition groups in Serbia are planning protests against a real estate development project that will be financed by the firm of Donald Trump’s son-in-law, Jared Kushner, at the site of the former Serbian army headquarters destroyed in a U.S.-led NATO bombing campaign in 1999.

The Serbian government earlier this week signed a deal with a Kushner-related company for the 99-year lease of land in central Belgrade for the “revitalization” of the bombed-out buildings. Kushner has confirmed reports that his company plans to finance the $500-million project. It would feature a high-rise hotel, a luxury apartment complex, office spaces and shops.

“The economic progress in Serbia over the past decade has been impressive,” Kushner said in a statement confirming the approval of the deal. “This development will further elevate Belgrade into the premier international destination it is becoming.”

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