The construction sector is the ninth largest industry in Ukraine in terms of foreign direct investment. However, the full-scale russian invasion has significantly changed the market landscape: nearly 5 million Ukrainians have lost their homes and infrastructure damage is estimated at USD 155 billion. At least 15% of building materials producers have suffered damage, while the dry cement mix market has lost 20% of its production capacity.
Rebuilding damaged housing in Ukraine will require more than 45 million square metres of roof tiles and some 14 billion bricks, valued at more than USD 1.7 billion. Despite the challenges, the construction sector shows strong potential for recovery and growth through
Prior to the full-scale invasion, Ukraine’s construction materials market showed stable growth, with a compound annual growth rate (CAGR) of 20% between 2016 and 2021, driven by urbanisation and infrastructure development. Current priorities include the recycling of 670,000 tonnes of construction waste, the creation of new jobs and the implementation of environmental standards.
A comprehensive analytical study by UkraineInvest examines various materials, including cement, sand, concrete, aerated concrete, glass, metal, rebar, dry mix, mineral wool, PVC profiles and solar panels. The study not only highlights current challenges, but also outlines investment prospects, providing investors with well-founded insights.
The study was conducted with support from the International Finance Corporation’s (IFC’s) advisory project, which was implemented in cooperation with the Swiss State Secretariat for Economic Affairs (SECO).
The UkraineInvest team invites potential investors to explore available investment opportunities in the construction materials sector through our in-depth analytical report.
Discover the investment opportunities in Ukraine’s construction materials sector at the following link: https://ukraineinvest.gov.ua/en/industries/building-materials-ukraineinvest/
The detailed analytical study will be presented by the Acting Head of UkraineInvest, Oleksandr Melnychenko, on February 19 at the All-Ukrainian Forum-Practicum “Rebuilding in Action.” The event will bring together representatives of businesses, the government, and international partners to discuss key issues of Ukraine’s recovery.
Find out more about the event program at: https://kyivbuild.com.ua/program/vidbudova-v-dii-2025.
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