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Construction work in Ukraine rises by 20.9% in 2017 – statistics

Source : 112 Ukraine

Construction increased across 20 regions of Ukraine, as well as in the city of Kyiv.
12:31, 24 January 2018
forum.domik.ua

kyivpost

The volume of construction work in Ukraine in 2017 rose by 20.9% compared to 2016, whereas the growth between 2015 and 2016 amounted to 17.4%. Such statistics were published by the State Statistics Service of Ukraine, Interfax-Ukraine reports.

The data does not take into account the temporarily occupied territories of Crimea, city of Sevastopol and the ATO zone area.

Related: Kyiv Metropoliten announces tender for subway construction to Vynogradar area

The agency’s statistics find that the volume of construction in the month of December 2017 grew by 9.7%, while having skyrocketed by 46.4%, compared to November 2017.

According to the report, the growth in the volume of construction was exhibited in all segments. Non-residential construction increased by 20.2%, construction of residential buildings expanded by 11.7%, whereas construction of engineering facilities rose by 17.8%.

Related: Construction growth in Ukraine: reasons and opportunities

Here, the total volume of construction in 2017 exceeded $861 million, indicating a 30.1% increase in annual terms.

According to the State Statistics Service, the biggest catalysts for the nationwide growth in construction volumes were Kirovohrad region (increase of 53.4%), Zhyomyr region (38.9%) and Odesa region (38.4%)

Related: Ukraine to spend USD 19 mln on construction of ‘The Wall’ by end of year

On the contrary, construction shrank in Luhansk region (by 27%), Sumy region (by 4.1%) and Volyn region (by 1.6%), while maintaining last year’s figure in Chernivtsi region (almost $40 million).

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