Sea Breeze Project - The Times Of Central Asia

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Sea Breeze Uzbekistan

Environmental Review of Sea Breeze Uzbekistan Resort at Charvak Still in Progress

The environmental review for the multi-billion-dollar Sea Breeze Uzbekistan resort on the shores of the Charvak Reservoir is still in progress, Spot.uz reported, citing the press service of Sea Breeze Uzbekistan. According to the company, initial site preparations, including land clearing and waste removal, are underway. “As for the environmental assessment, this process is not yet complete. We are awaiting the results and remain open to any inquiries from the Ministry of Ecology, Environmental Protection, and Climate Change of Uzbekistan,” the company said in a statement. Emin Agalarov, president of Azerbaijan’s Agalarov Development and the main investor behind the project, addressed the status of construction in a recent interview. He noted that the primary challenges involve infrastructure, specifically access to water, gas, and electricity. “We have gone a long way to secure our project and make sure that nothing will be discharged into the environment. Wastewater will be collected in special facilities. Ecology is a fundamentally important issue. We are now going through all the required procedures in Uzbekistan, at Charvak,” Agalarov said. As previously reported by The Times of Central Asia, Agalarov plans to develop Sea Breeze Uzbekistan as a $5 billion all-season tourist complex spanning 500-700 hectares along Charvak Lake in the Tashkent region. The project is set to include hotels, villas, swimming pools, sports and leisure zones, retail spaces, restaurants, and a bridge linking both sides of the reservoir. The resort is also expected to host cultural events, festivals, and concerts year-round. Despite mounting public scrutiny and criticism from environmental activists, the Uzbek government has approved the project. In August, Prime Minister Abdulla Aripov signed Cabinet Resolution No. 490, granting Sea Breeze Uzbekistan LLC a 25-year direct lease on 577 hectares of land for development. Environmental experts note that the results of the ecological review will be pivotal in determining the project's future, as Charvak remains one of Uzbekistan’s most vital freshwater and recreational assets.

Environmental Risk

Economist Raises Concerns Over $5 Billion Sea Breeze Resort Project at Charvak

The Uzbek government has approved the construction of the Sea Breeze Uzbekistan resort complex along the Charvak Reservoir, granting the investor 577 hectares of land on a 25-year lease at a sharply reduced rate. According to a Cabinet resolution, construction may begin even before the completion of project documentation. Tree relocation is expected as part of the development process. The project, led by Russian-Azerbaijani developer Emin Agalarov, envisions a new lakeside tourist destination complete with hotels, villas, swimming pools, sports facilities, restaurants, shops, and a bridge linking both sides of the reservoir. Financial Concerns Raised by Local Economist Uzbek economist and blogger Otabek Bakirov has voiced strong concerns over the project, arguing that while public debate has focused on environmental issues, the financial aspects have not been adequately examined. After reviewing the Cabinet resolution, he raised several questions about investor selection, project financing, lease terms, and the shifting of infrastructure costs onto the state. Questions About Investor Selection The government resolution names Sea Breeze Uzbekistan, a joint venture involving Agalarov’s development firm, as the winner of the site through what it describes as the “best proposal.” Bakirov questioned whether other bids were solicited or evaluated and whether any Uzbek partners hold ownership in the project. He noted that the resolution lacks information about the local share. Skepticism Over Project Financing Bakirov expressed doubt about the reported $5 billion investment figure, suggesting the Agalarov family likely lacks the capital to fund the project independently. “The Agalarovs don’t have their own $5 billion, which means the money will be borrowed,” he wrote. He questioned the source of financing, the terms of any loans, and what guarantees would be provided. He also pointed to a provision allowing the land to be subdivided and released without restrictions, warning that this could lead to speculation rather than real development. Concerns About Lease Pricing The land was leased for 17 billion soms (approximately $1.4 million), to be paid in installments over five years. This price reflects a 0.01 coefficient discount granted as an incentive. Bakirov argued that such a deeply discounted lease is inappropriate for a large-scale commercial venture. “Why has such a drastically reduced price been set for a commercial project, when this is a major business venture and not a social initiative?” he asked. He called for comparisons with other tourism projects to determine whether similar incentives were offered. “Mr. Agalarov is not building a hospital; he is building a commercial enterprise,” he added. Public Funding for Private Infrastructure According to Bakirov, the resolution assigns responsibility for essential infrastructure—such as access roads, utilities, and the reservoir bridge—to the Uzbek government. He argued that these should be covered by the investor. “Weren’t sewage treatment and bridge construction supposed to be the investor’s responsibility? Or were the public presentations misleading?” he asked. He emphasized the contradiction between promoting Sea Breeze as a $5 billion private investment and then shifting core expenses to the public sector. Fast-Tracked Construction Raises Red Flags Bakirov also criticized the decision to...

Environmental Risk

Uzbekistan Approves Controversial ‘Sea Breeze Project’ at Charvak Reservoir

The Uzbek government has approved the contentious “Sea Breeze Uzbekistan” project at the Charvak reservoir in Tashkent region, despite vocal opposition from environmental activists and mounting public concern. Prime Minister Abdulla Aripov signed Cabinet of Ministers Resolution No. 490, granting “Sea Breeze Uzbekistan” LLC a 25-year direct lease on 577 hectares of land to develop a $5 billion all-season resort complex. Amid widespread protests, the Ministry of Ecology and the Ministry of Water Resources released back-to-back statements pledging strict government oversight throughout the project’s implementation. The Ministry of Ecology stated that it will supervise adherence to environmental legislation, including the monitoring of air quality, resource efficiency, and public health safeguards. The ministry reiterated its commitment to transparency and public engagement, stating: “Environmental protection remains an absolute priority for the state.” “The Ministry of Ecology will conduct continuous monitoring to identify any risks related to pollution, misuse of resources, or potential threats to citizens’ health,” the statement added. The Ministry of Water Resources affirmed that the Charvak reservoir will remain under full state control. It assured the public that all wastewater generated by the project will be diverted to a centralized treatment facility, with no discharge permitted into the reservoir. The ministry stated that construction will take place outside protected water zones and comply fully with sanitary and hydraulic engineering standards. Officials also noted that an inter-agency task force will conduct ongoing monitoring, with immediate responses promised in the event of any violations. Safeguarding drinking water and maintaining the reservoir’s water quality are described as “absolute priorities.” Despite assurances, the project continues to provoke heated debate under the viral hashtag #SaveChorvoq. Government officials have pledged strict oversight, but environmental groups remain skeptical as construction proceeds.