Despite a 70% rise in construction costs, investment in Ukraine's housing sector is forecasted to grow by 15% annually.
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Despite a 70% rise in construction costs, investment in Ukraine's housing sector is forecasted to grow by 15% annually.
Andriy Ozeychuk, head of the Rauta engineering and construction firm, noted that construction costs in Ukraine have increased by 70% since the full-scale war commenced. In 2024, expenses for building materials and services rose by 24%, significantly impacting project budgets. Meanwhile, experts report that the Ukrainian construction market expanded by 20% last year, reaching approximately ₴200B (€4.6B). The demand for new housing grew by 7%, dri…
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