Speaking to journalist Rudina Xhunga on the “Flasim Shqip” podcast, Rama said Sazan was state-owned land and would remain so.

“We have set another condition: we will be partners. We have insisted on establishing a joint-stock company in which the Republic of Albania will be a shareholder, contribute the property and receive shares in the company,” Rama said.

He said negotiations over the project had been under way for years, adding that Sazan was not an asset that could simply be valued on paper but a territory requiring substantial investment.

“Sazan is a very beautiful territory, but it is also very challenging. It is a mined area, so demining is required. There is no water and no electricity on Sazan, which means investment is also needed,” Rama said.

He said previous governments had also sought to attract investors and develop Sazan as a tourism destination.

If the project goes ahead, Rama said, it could significantly raise Albania’s international profile as a tourism and investment destination.

He said interest in Sazan had increased since Jared Kushner launched the project, including inquiries about technology hubs, artificial intelligence and pharmaceuticals, which he described as a potential spillover effect.

Regarding the proposed investment in Zvërnec, Rama said there was currently no construction plan and no approved project.

/r.e/u.sh/