The Serbian Minister of Construction, Aleksandra Sopronijevic, announced the cancellation of an agreement with a company owned by the son-in-law of US President Jared Kushner to build an elite complex on the site of the former General Staff building in Belgrade. Republika writes about this in reference to the minister. A day earlier, the Serbian publication Vreme also reported the termination of the contract, citing a government source.
According to Vreme, Serbian-owned Atlantic Incubation Partners LLC and Kushner terminated the agreement without mutual claims.
"The contract was canceled on the condition that all possible mutual claims remain," the source said. This means that the state does not face arbitration proceedings or penalties for abandoning the project, the publication notes.
The contract for the construction of a hotel, casino and residential complex in place of the general headquarters was signed in May 2024.