The parliament names the most profitable building materials production projects for investment.

Head of the Verkhovna Rada committee on urban planning, Olena Shulyak, said that before the war the construction industry traditionally accounted for 4% of Ukraine’s GDP. At the same time, during the reconstruction of Ukraine, the industry’s expected volume within 10 years will be 10% of GDP. The expected demand for basic building materials for five years of recovery will be approximately $19.6B annually.

“90% of the necessary building materials can be produced in Ukraine, and we have strong capacities in some categories. This applies to cement, steel, concrete, windows and doors. As for some building materials, capacities are limited – asphalt, gypsum, and plasterboard. For example, Ukraine’s glass industry has no capacity at all. Of course, the need for it can be covered by imports. Investment needed to construct one glass factory in Ukraine is substantial – up to $100M.”

Shulyak also emphasized that using domestic construction materials in reconstruction projects will lead to $29.1B in added value for the country.