{"id":8622,"date":"2026-05-31T00:42:47","date_gmt":"2026-05-30T22:42:47","guid":{"rendered":"https:\/\/factznews.com\/?p=8622"},"modified":"2026-05-31T00:42:47","modified_gmt":"2026-05-30T22:42:47","slug":"the-project-company-in-zvernec-reacts-after-the-protests-investment-of-over-4-billion-euros-10-thousand-jobs-will-be-created-the-land-is-private-property-purchased-from-the-legal-owners","status":"publish","type":"post","link":"https:\/\/factznews.com\/?p=8622","title":{"rendered":"The project company in Zv\u00ebrnec reacts after the protests: Investment of over 4 billion euros, 10 thousand jobs will be created! The land is private property, purchased from the legal owners"},"content":{"rendered":"<p>The company \u201cZv\u00ebrnec South Adriatic Development\u201d has reacted after the public debate and protests held in the Zv\u00ebrnec area, where a tourist project is expected to be realized.<\/p>\n<p>Through a statement to the media, the company emphasizes that the investment, which according to it will exceed the value of 4 billion euros, is being developed in full compliance with Albanian legislation and with respect for environmental standards.<\/p>\n<p>It guarantees that the land where the project will be built is private property purchased legally and that the investment is expected to create over 10 thousand jobs.<\/p>\n<p>\u201cThe land on which the project will be developed is privately owned meter by meter and the company has purchased it from the legal owners, with notarized ownership certificates. All transfers of purchases related to ownership have been carried out through the banking system and are easily verifiable.<\/p>\n<p>All employees who have been employed or will be employed further in the project are and will be subject to relevant contracts according to Albanian legislation.<\/p>\n<p>All steps followed by the company are based on Albanian legislation and in full conformity with the relevant authorizations at every step\u201d &#8211; it is stated, among other things, in the official response.<\/p>\n<p>Full statement of the company \u201cZv\u00ebrnec South Adriatic Development\u201d:<\/p>\n<p>\u201cWith deep regret that the public\u2019s feelings are being abused on social networks and investments are being made to undermine a colossal undertaking for Albanian tourism and the economy, the company \u201cZv\u00ebrnec South Adriatic Development\u201d informs the press and public opinion as follows:<\/p>\n<p>In strict compliance with Albanian legislation and in continuous dialogue with the responsible institutions, the company has managed to launch the initial phase of one of the largest investments in the field of tourism in the Mediterranean Sea, by legally establishing the enclosure of the private property it possesses.<\/p>\n<p>While the company is developing the final construction project, with the ambition to achieve the highest architectural and environmental standards, and without the project being presented yet, we are forced to provide some explanations:<\/p>\n<p>The investment is expected to reach a value of over 4 billion euros, contributing with an increase of 3 to 4% in the GDP (Gross Domestic Product) of Albania, in the next 5 years.<\/p>\n<p>The investment will take full care of preserving the environment and biodiversity of the area and for this the investors have engaged for 2 years the most prominent competencies at a global level, for the relevant environmental studies. Which will undoubtedly be shared not only with the institutions, but also with the public.<\/p>\n<p>The investment will directly and indirectly create over 10,000 (ten thousand) new jobs, becoming an important engine for the economy of the area, the Vlora region and all of Albania.<\/p>\n<p>Based on the previous experiences of the investors, who have a portfolio among the most prominent globally in the field of tourism, the company believes that the secondary investments that will follow will significantly increase the entire value chain of the local economy, from the value of real estate in the entire Vlora area to the diversification of the economic offer and the level of wages for the area.<\/p>\n<p>The investors have a meaningful balance of close cooperation with the community in each of their investments, as well as social responsibility, things that are part of the work planning and will start together with the work on the project.<\/p>\n<p>In the meantime, we highlight below some truths covered by the fog of media abuse:<\/p>\n<p>The land on which the project will be developed is privately owned meter by meter and the company has purchased it from the legal owners, with notarized ownership certificates. All transfers of purchases related to ownership have been carried out through the banking system and are easily verifiable.<\/p>\n<p>All employees who have been employed or will be employed further in the project are and will be subject to relevant contracts according to Albanian legislation.<\/p>\n<p>All steps followed by the company are based on Albanian legislation and in full conformity with the relevant authorizations at every step.<\/p>\n<p>The construction project, as well as the environmental one, is being finalized by some of the best studios in the world and once completed will be publicly shared with all interested parties.<\/p>\n<p>The company has signed agreements with some of the most well-known brands of global excellence in the field of hospitality and other services, from restaurants and bars to sports or educational activities.<\/p>\n<p>The investors have an absolutely undisputed career and own companies listed on international stock exchanges, as well as undisputed capital by anyone. Even the company \u201cZv\u00ebrnec South Adriatic Development\u201d will not make any exception in the chain of their companies, which are proud to embody global excellence in every field of their activity.<\/p>\n<p>Strongly condemning any act of violence against private property as well as rejecting any attempt aimed at disinforming the public, the company asks for the public\u2019s understanding and patience, assuring all those who want the sustainable and successful development of Albania that they will never be disappointed by the absolute quality of our project and product.<\/p>\n<p>\u201cZv\u00ebrnec South Adriatic Development\u201d is the force that will implement an international investment, with the conviction and dedication to transform Vlora into one of the most preferred points for world tourism, while the investors of this project are undisputed friends of Albania who are inspired by the legendary Albanian tradition and hospitality. &#8220;Let us all work together, with trust and truthfulness with each other. And anyone who tries to hinder or blackmail us, we will face legal action.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company \u201cZv\u00ebrnec South Adriatic Development\u201d has reacted after the public debate and protests held in the Zv\u00ebrnec area, where a tourist project is expected to be realized. Through a statement to the media, the company emphasizes that the investment, which according to it will exceed the value of 4 billion euros, is being developed&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/factznews.com\/?p=8622\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;The project company in Zv\u00ebrnec reacts after the protests: Investment of over 4 billion euros, 10 thousand jobs will be created! The land is private property, purchased from the legal owners&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":8623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":149,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-8622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lajmeshqip"],"_links":{"self":[{"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/posts\/8622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/factznews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8622"}],"version-history":[{"count":1,"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/posts\/8622\/revisions"}],"predecessor-version":[{"id":8624,"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/posts\/8622\/revisions\/8624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/factznews.com\/index.php?rest_route=\/wp\/v2\/media\/8623"}],"wp:attachment":[{"href":"https:\/\/factznews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/factznews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/factznews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}