Prime Minister Edi Rama has strongly defended the controversial investment project in Zvërnec, insisting that development plans will move forward despite ongoing investigations and growing public opposition.

Speaking to reporters, Rama responded to media reports claiming that Albania’s Special Anti-Corruption Structure (SPAK) had frozen nearly €200 million in bank accounts linked to the company behind the proposed investment. While SPAK has not officially confirmed the reported seizure, the prime minister criticized the blocking of financial transactions, describing it as “arbitrary and negative” for legitimate investors.

“At the same time, freezing funds intended for a property owner who is under investigation is a legitimate matter for the investigative authorities,” Rama said.

The prime minister expressed support for SPAK’s investigation into the ownership history of the Zvërnec property, calling the inquiry “welcome” and encouraging authorities to fully examine the origin of the land.

Rama, however, sharply criticized what he described as unofficial spokespersons and commentators surrounding the case, accusing them of spreading misleading information and half-truths about the investors involved.

According to Rama, the current owners acquired the property through procedures established under Albanian law and have undergone extensive financial scrutiny, including reviews by the country’s anti-money laundering authorities.

“The investors are reputable and their financial sources have been thoroughly verified,” he said.

Addressing concerns that the investigation could halt the project, Rama made clear that the government has no intention of abandoning the development.

“There is no chance that this investment will stop as long as I am here,” the prime minister stated, while adding that he remains open to discussions with critics of the project.

Rama argued that similar tourism and resort developments have transformed coastal regions in countries such as Greece, Montenegro and Spain, suggesting that the Zvërnec project could bring comparable economic benefits to Albania.

The remarks come amid mounting protests and public debate over the future of Zvërnec, with opponents calling for stronger environmental protections and greater transparency regarding the investment plans.