Tbilisi City Hall is taking action to develop a vibrant night-time economy in the capital city of Georgia.
Night-time economy is a category of economic activity that occurs after 5 p.m. and includes dining, nightlife, arts, music, theatre, entertainment, festivals, events, activities and tourist attractions that are open at night.
Developing a night-time economy was one of the pre-election promises of Tbilisi Mayor Kakha Kaladze. Today the mayor presented TV producer and musician Sergi Gvarjaladze as the head of the night-time economy concept development project.
Night-time economy contributes to the development of small and medium-sized businesses, the creation of new job places. It is not only the central districts of Tbilisi that should be focussed on. By implementing this project we should reach and revive the suburbs of Tbilisi”, said Kaladze.
Today the mayor Kakha Kaladze presented TV producer and musician Sergi Gvarjaladze as the head of the night-time economy concept development project. Photo from Tbilisi City Hall.
Over the past decade, there has been dramatic growth of night-time economies in the world, representing a valuable asset to local and national economies through job creation, revenue and providing opportunities for people to socialise.
A vibrant night-time economy brings with it many benefits. It is estimated to be worth £66 billion a year in the United Kingdom economy and employs 1.3 million people, says a report from the London-based organisation Local Government Information Unit.