Damages to Ukrainian industry and logistics from the Russian aggression are estimated at $50B.

Monday, April 24, 2023
Damages to Ukrainian industry and logistics from the Russian aggression are estimated at $50B.

The direct damage caused by Russia to Ukrainian infrastructure, industrial facilities, and production logistics has increased to almost $50B, said the director of the Government Office for Attracting and Supporting Investments UkraineInvest, Serhiy Tsivkach. He specified that approximately 22.5% of warehouses have sustained damage during the war.

Tsivkach is convinced that the state should contribute substantially to businesses’ recovery efforts because Ukraine hopes for rapid post-war economic development. And the production sector, among other things, needs high-quality, modern logistics infrastructure.

At the same time, UkraineInvest hopes not only to rebuild what was destroyed but also to start new investment projects in these areas.

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