Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion

Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion, the State Statistics Service reports. Road construction was up 142% in nominal terms, making up for a 53% drop in renewable energy facilities. Overall engineering structures was up 15% in real terms. Residential work was down 18.5%. Commercial was down 3%. By contrast, construction grew by 24% in 2019 over 2018. Last year, construction in Kyiv City was down 2%. But the capital remained far and away the nation’s leader, with $1.5 billion in construction work.

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Ukraine’s economic activity in the fourth quarter of last year was only down 1% yoy, far better than the forecast drop of 3%