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The restoration of Ukraine will cost $1T, and private businesses are braced for it.

Міжнародні партнери планують профінансувати програму компенсацій за зруйноване житло на €100 млн.

The restoration of Ukraine will cost $1T, and private businesses are braced for it.

According to EIB estimates, more than $1T in public and private capital may be spent restoring Ukraine. However, there is already an approximate plan of action.

  1. The Turkish Onur Group repairs blown-up bridges. Together with the South Korean company Samsung C&T Corp., it has built mobile hospitals in Ukraine. The Onur Group wants to resume the reconstruction of the Dnipro International Airport and several highway projects.
  2. Istanbul company Dogus Construction is rebuilding three bridges with Britain’s support and is looking forward to future multi-billion-dollar contracts.
  3. Austrian company Waagner-Biro Bridge Systems, which produces modular steel overpasses, has already started production at a plant in western Ukraine.
  4. Denmark donated €120M to restore the Mykolaiv shipbuilding hub.
  5. Construction materials manufacturer Fixit is building a new production site in the west of Ukraine.
  6. Chemical company Bayer AG announced an investment in seed production.

American and European companies plan to receive the lion’s share of contracts during the coming recovery.

 

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