Ukraine’s share of construction in its 2018 GDP was 2.3%, half of the world’s average, said the director of the Scientific and Technical Center of the Academy of Construction of Ukraine, Ivan Pereghinets. At the same time, the average share globally is more than 5%. And the largest share among European countries belongs to Slovakia with 7.1%.
According to analysts, construction in Ukraine has excellent investment potential even without considering the war factor. Pereghinets noted, there is currently no accurate assessment of available real estate and its total value in Ukraine. This poses a particular problem for assessing the investment attractiveness in the sector.
“According to the British real estate and consulting company Savills, the total value of all real estate in the world in 2018 was $280T. The Ukrainian real estate market is still a blank spot on the map of investment funds specializing in real estate, so we need it to know and consider in the perspective of the 10-year recovery of Ukraine,” Pereghinets emphasized.