Tuesday, 02 January 2024 12:17 GMT

Uzbekistan Rolls Out Vision To Energize Night-Time Economy By 2030


(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, September 10. The Agency for Strategic Reforms of Uzbekistan has presented a draft resolution for developing the night-time economy through 2030, Trend reports.

The plan includes creating 320“24-hour streets” with 8,000 cafes and restaurants and 14,000 service facilities. This initiative is expected to boost the service sector, attract more tourists, and create new jobs-over 11,000 positions and around 200,000 additional visitors annually.

The proposal includes a Night-Time Economy Development Concept, analyzing existing challenges, defining goals and priorities, and outlining innovative solutions, funding measures, and coordination mechanisms. A roadmap for 2025–2026 implementation is also planned.

Meanwhile, support for entrepreneurs is a key focus. A unified electronic register will track local brand owners, who may receive partial compensation for staff training and some loan interest expenses when opening branches on 24-hour streets, especially in regional areas.

Other measures include reducing costs for advertising and lighting, and organizing a“Night-Time Economy Forum” to share best practices and promote successful initiatives.

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