According to Ukrainian Center for Steel Construction (UTSSS ), in the first half of 2019, the increase in the volume of construction work in Ukraine amounted to 21.2%, while the growth leader was non-residential construction, demonstrating an increase in the volume of work performed by 35.2%. The increase in engineering structures was 27.7%.
The volume of construction products manufactured amounted to USD 2.5 billion, which is 31% higher than the results of the first half of 2018. Including the volume of products manufactured in the non-residential sector increased by 45% to USD 700 million; engineering construction grew 38% to $ 1.2 billion.
The volume of investments in Ukrainian construction for 6 months of 2019 amounted to UAH 25.3 billion. an increase of 12.8%. The main investments were directed to the construction of engineering structures, an increase of 31% compared to the same period of time to USD 1.7 billion. Residential investment increased by 7% to US $ 900 million. The growth in capital investment in non-residential construction was USD 1.2 billion, which corresponds to an increase of 16%.
The main volume of investments continues to attract "machinery and equipment" - 35% of the total. The share of capital investments in non-residential construction amounted to 13% of the total.
“The construction market is showing positive results this year. The volume of construction of infrastructure facilities, commercial real estate, transport, industrial, retail is growing ... Construction costs of the state in infrastructure facilities are growing, the population continues to invest their own funds, companies are investing and reinvesting money in construction, ”commented Vitaliy Boyko, founder of Urban Experts and NAI Ukraine .
According to him, the main limiting factor for the development of the construction industry in Ukraine is the lack of credit and low participation of banks in the construction industry, especially in the residential and commercial sectors.
“This significantly hinders the growth of the construction industry - primarily in commercial real estate, that is, where it is unlikely to attract money from the population. It is because of this that the current situation in the construction industry is far from the maximum result that can be in Ukraine, "the expert summed up.
