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Ukraine ranked second worldwide for projects undertaken by Turkish construction companies in 2020,

Monday, April 12, 2021

said Burak Pehlivan, the Chairman of the International Turkish-Ukrainian Business Association, (Kyiv Post). Boosted by the Zelenskiy government’s ‘Big Construction’ program, Turkish companies have undertaken 2000 construction projects worth more than $7 billion since the 1990s. In 2020, a year of reduced cross border investment, Turkey was the largest source of new foreign investment, investing $400 million in Ukraine. Currently 700 Turkish companies work in Ukraine, nurturing a total foreign investment of $3.5 billion.

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Ukraine’s March inflation íncreased to 8.5% yoy, setting the stage for an interest rate hike this Thursday

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On the civilian side, Turkey’s government-backed housing agency, TOKI, will build 500 houses in Ukraine for Crimean Tatars displaced from the Russia-controlled peninsula,

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