Ukraine has significant potential to attract up to 4 billion euros in private investments by implementing innovative technologies in construction. According to an analytical report by the International Finance Corporation (IFC), such construction includes the use of geopolymers, hemp concrete, and 3D printing technologies, which will contribute to the creation of over 17,000 new jobs.
This is reported by Finway
Extent of Destruction and Recovery Needs
By the end of 2024, 13% of Ukraine’s housing stock had been damaged or destroyed, and key infrastructure suffered significant losses in areas such as energy, transport, telecommunications, industry, and the social sector. The total investment required for the complete recovery and reconstruction of the country over the next decade is estimated by IFC experts to exceed 500 billion dollars, with the largest share falling on the housing sector.
“As of the end of 2024, 13% of the total housing stock had already been damaged or destroyed, and a significant portion of the country’s infrastructure was affected across all major sectors (energy, transport, telecommunications, industry, social sector). The overall investment needs for recovery and reconstruction were estimated at over $500 billion over the decade, with the largest share being housing.”
IFC notes that the reconstruction of the state presents an opportunity to implement modern and energy-efficient standards in residential construction. However, there are certain barriers to attracting private capital, including regulatory restrictions, difficulties in accessing financing, insufficient levels of professional education in the construction sector, and a shortage of skilled workers.
Investments in Production Capacities and Technologies
For large-scale recovery, Ukraine needs to increase production capacities in various areas. This includes 8 million tons of geopolymers with total investments of 1.36 billion dollars, 6 million square meters of precast concrete (1.5 billion dollars), 0.7 million tons of basalt wool (420 million dollars), and 0.1 million tons of basalt reinforcement (420 million dollars).
There is also a specific need to create capacities for the production of 0.5 million tons of hemp concrete (20 million dollars), 1 million cubic meters of autoclaved aerated concrete (100 million dollars), the implementation of 3D printing technology for construction (50 million dollars), and specialized glazing amounting to 8 million square meters (72 million dollars).