Consult this exceptional publication for a comprehensive view of the Ukrainian
construction market and analysis of current and forecast activity in the
engineering, non-residential and residential construction segments . The
report reviews conditions in the market as a whole and examines the unique
situation in each segment against the solid backdrop of Ukraine's economic
and regulatory circumstances.
Also featured: Profiles of 10 leading construction firms doing
business in Ukraine that include financial updates, operational details,
specialisations, position in the market and complete contact information.
Learn about the players and projects making news in Ukraine's construction sector
The report explores these essential characteristics of the overall market:
- Data describing market size, wages, prices
- Construction output totals
- Recent, current and planned construction projects
- Distribution of construction activity around Ukraine
- Leading construction companies: financial status, newsworthy projects and
- Employment, wage and price levels in Ukrainian construction
- Observed market trends and forecasts for materials and equipment costs
- Cement market update - production, imports and exports and market demand
- The regulatory environment for investment.
Did you know...X
- In May 2013 about 97% of the country's roads were thought to be in need of
extensive reconstruction and repair
- Domestic production meets 34-37% of demand of natural gas and 10-15% of
the demand for crude oil
- Ukraine has about 60 m**sup2**/sup** of quality shopping centre GLA per
- Ukraine has only about 24 m**sup2**/sup** of residential space per capita,
including 22 m**sup2**/sup** in urban areas
- The average interest rate on mortgage loans exceeds 19%, even though the
National Bank's refinancing rate has been reduced to 6.5%.
Track activity in the residential construction segmentX
Benefit from expert analysis of:
- Most attractive types of projects to investors and developers
- Available housing stock in Ukraine by location
- Government housing development programmes
- Types of residential structures most in demand in the Ukrainian market
Examine non-residential construction market conditionsX
Learn about existing stock, current and planned ventures:
- Foreign and domestic developers and the types of structures they plan to
- Recently completed projects
- Current supply, upcoming projects and rental details
- Retail details - existing space, rentals, and projected area totals.
Survey planned and existing engineering and infrastructure venturesX
What is the market share of this segment in relation to the overall Ukrainian
construction sector? Learn the answer, in addition to all the details about
existing supply, current and planned new construction projects and upgrades to:
- Road construction - permit totals, obstacles and opportunities for
- The railway network in Ukraine - size and scope summary
- Airports - cargo and passenger data, investment options
- Power generation facilities - grid expansion, investment opportunities
- Pipeline and other energy related ventures
- Environmental protection projects and potential funding sources.
Selected companies analysed in this report...X
Altcom, Altis, Arricano Real Estate, Azerkorpu-Autobahn, Budhouse Group,
Cement Roadstone Holdings, Chevron, Donspetsmontazh, Dyckerhoff, ExxonMobil,
Gulsan Construction, HeidelbergCement, Integral-Bud, K.A.N. Development,
Karavan Real Estate, Krai Property, Kyivgorstroy (Kyivmiskbud), Kyivmetrobud,
Naftogas Ukrainy, Onur Construction International, Shell,Todini Construzioni
Generali, TPS Nedvizhimost, Ukrzaliznitsya, XXI Vek.
This report has been compiled to meet the informational needs ofX
- Construction companies currently active in Ukraine or researching possible
- Business consultants, analysts and research services providers
- Banking and investment services professionals
- Government and construction industry agencies, embassies
- Academic and policy research institutes.
Extract from this report
- Between 2008 and 2012, the Ukrainian construction sector succeeded to
expand year on year in real terms only once, in 2011, when it posted a
double-digit growth rate (+18.6% year on year).
- In the World Economic Forum's 2013 Global Competitiveness Report, Ukraine
was in the 70th place among 148 countries in terms of the quality of overall
infrastructure (79th out of 133 covered countries in 2009). In terms of the
quality of roads the country was in the 144th place (125th in 2009); in terms
of the quality of air transport infrastructure it was in the 105th place; and
by the quality of port infrastructure in 94th.Only in respect of the quality
of railway infrastructure, was it placed in a higher position: 25th.
Market commentary by expert
In November 2013, Ukraine decided not to sign the Association Agreement with
the EU. Taking into account that Ukraine is highly reliant on foreign sources
of financing, the refusal to sign the agreement will most likely force the
government to look for financing outside the EU and the IMF. Tough conditions
set by the IMF for a new multi-billion-dollar bailout, demanding a substantial
increase in gas prices for domestic consumers, restrained budget spending and
set up of a more a flexible exchange rate for the hryvnia, will be hard to
accept by Ukraine's government facing presidential elections in early 2015.
This refusal will most likely have a negative impact on implementation of
state-funded infrastructure development programme in 2014, particularly on
road projects. In 2014, the government plans to spend UAH 32.2bn (€2.9bn)
on development of the country's road network, of which 54% to be covered by
loans. As well, the political unrest, a heavy debt burden, the large current
account deficit and dwindling foreign currency reserves are forcing banks to
be highly selective regarding long-term loans, thus providing little support
to real estate developers, especially to those planning large-scale projects.
Vitalie Iambla , Construction market Analyst