This summer, the Center for Economic Strategy reports that the Ukrainian construction business has become significantly more active for the first time since the beginning of the full-scale Russian invasion. This was facilitated by expanding the eOselia preferential state mortgage lending program.
It’s noted that more significant restoration investments have begun to flow into construction activity. These funds come from various sources, including the state budget, international partners, and private companies. Financing is directed at restoring housing stock, schools, medical institutions, and other important infrastructure. The state also began paying compensation for destroyed private real estate.
It is reported that construction has resumed on 75% of residential complexes that were in progress at the beginning of the invasion. Construction of 189 new facilities has also begun. In addition, rental rates and employment are increasing in all segments.