construction works

Construction industry in Ukraine reports 24.3% growth in Q1 2019

This year in the first quarter of 2019, compared to the parameters of the previous year 2018 construction industry in Ukraine saw a 24.3%  increase in the fulfilled projects. According to Ukraine’s Deputy Minister for Regional Development, Construction, Housing and Utilities Lev Partskhaladze reached a total value of UAH 26.5 billion. The regional leader driving this growth in the construction sector was Kyiv city. In second place was Dnipro city region, followed by Odesa and Lviv region.

In March volume of construction work in Ukraine increases by 29.7% compared with March 2018,
while the indicator in February 2019 compared with February 2018 grew by 19.4%, according to statistics.

According to the report, in March 2019 compared with March 2018 the volume of construction work decreased in residential construction – by 14.9%.

Nonresidential construction in March 2019 rose by 47.2% and in engineering – by 54.1%.

In March 2019 compared with February 2019, the volume of residential construction grew by 15%, nonresidential construction by 32.1%, and in engineering, it grew by 37.7%.

 

Sources: open4business.com.ua and UkraineInvest

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