CONSTRUCTION BUSINESS OF UKRAINE: CURRENT STATE, PROBLEMS AND WAYS TO SOLVE THEM

Abstract

The construction industry plays an extremely important role in restoring the country's infrastructure destroyed as a result of hostilities, providing housing needs of the population, and has a significant impact on the development of the economy as a whole. The development of the country's economy and the well-being of its population depend on how efficient the construction business is. The operating conditions of construction enterprises in wartime are significantly complicated and differ from those in the pre-war period, requiring a study of the safety of the environment, determination of the condition and suitability for use of restoration objects. Therefore, the study of the current state, trends and prospects for the development of the construction industry, the identification of problems that hinder it, and the determination of ways to solve them are particularly relevant. The article analyzes the main indicators of the activity of the construction industry after the full-scale invasion of the Russian Federation into Ukraine. The dynamics and structure of the volumes of completed construction works, indexes of construction products, and the total area ofresidential buildings at the beginning of construction in comparison with the pre-war period have been determined. The trends of changes in the volume of construction of residential and non-residential buildings, engineering structures in 2023, which are due to the need to restore transport and industrial facilities, bridges, roads, overpasses, pipelines, railways, power lines, communications, and other structures destroyed due to Russian military aggression, have been clarified. The state of resumption of construction activity in the regions of Ukraine as of April 1, 2023 is characterized. The pace of commissioning and sale of housing in Ukraine as of April 1, 2023 has been determined. Indicators of creation of business entities – legal entities and individuals in the field of construction of residential and non-residential buildings by regions of Ukraine in the period from February 24, 2022 to December 31, 2022 are given. Prospects for the development of the construction industry were considered, challenges preventing it in the conditions of martial law were identified, and opportunities to overcome them were proposed.