Skip to content

Ukrainian manufacturers should rebuild Ukraine, report says

A new report by the US aid agency says when Russia's war ends reconstruction loans should be spent on businesses and jobs in Ukraine

Ukrainian manufacturers should rebuild Ukraine, report says
An aerial view showing destructions in the frontline cirt of Bakhmut, in Eastern Ukraine on May 23, 2023 | Defense of Ukraine / Handout/Anadolu Agency via Getty Images
Published:

Ukrainian manufacturers can and should lead reconstruction efforts in the country when Russia's war ends, new research has concluded.

A white paper published by USAID, the US international development agency, has found Ukraine’s own building materials sector could provide up to 90% of the construction materials needed to rebuild the thousands of residential, non-residential and infrastructure sites destroyed by the Russian military.

Using Ukraine’s own factories that make cement, metal and other building materials, could also preserve up to 100,000 jobs in the building sector, the research found. It would also contribute $5.6bn in wages and $4.4bn in tax revenue, the report claimed – providing Ukrainian manufacturers received every contract.