Articles
Global investment and financing of civil construction in Ukraine under martial law
- Details
- Category: Content №2 2024
- Last Updated on 01 May 2024
- Published on 30 November -0001
- Hits: 2263
Authors:
A.Fesun, orcid.org/0009-0002-1433-3087, Kyiv National University of Construction and Architecture, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
A.Tretiakova*, orcid.org/0009-0005-1652-6482, Interregional Academy of Personnel Management, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Ye.Lytovchenko, orcid.org/0009-0006-5739-3556, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine
A.Maksiuta, orcid.org/0009-0002-5313-403X, Kyiv National University of Construction and Architecture, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
A.Velychko, orcid.org/0000-0002-2928-2393, Kyiv National University of Construction and Architecture, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2024, (2): 201 - 206
https://doi.org/10.33271/nvngu/2024-2/201
Abstract:
Purpose. To conduct a comprehensive analysis of investment relations, particularly in the context of investing in civil construction in Ukraine under martial law. It involves comparing financial models and restoration strategies successfully applied in other countries and determining their applicability in the Ukrainian context.
Methodology. The study employed statistical analysis and the “case-study” method, which involves planning the future based on past cases. This approach helped identify common challenges faced by all investors and explore possible solutions. The use of these methods yielded well-founded results and practical recommendations for improving investment relations in civil construction in Ukraine during wartime between different investment classes.
Findings. The study explored opportunities to attract international investments in civil construction amid the largest military conflict since World War II, which is a key element of effective housing recovery. Initiatives facilitating the adoption of eco-friendly technologies were examined, with financial support from the World Bank and IMF serving as essential resources. In the near future, the application of the “case-study” method, utilizing Ukraine’s experience and analyzing intellectual assets and developments, is proposed. Sources of funding that can contribute to civil construction development were also investigated and analyzed. The direct impact of military actions on the financial flows of each region was identified, indicating a significant outflow of funds from the country.
Originality. It is recommended to implement EU initiatives at the state level, providing opportunities for the application of eco-friendly technologies. New strategies for effective financial management during wartime are proposed for consideration by government agencies. This approach expands scientific knowledge in the fields of finance and construction management and enhances civil construction management overall.
Practical value. The research results can be utilized by private and public institutions, including the International Organization for Migration (IOM) in Ukraine, for the development of further emergency housing recovery projects for population use.
Keywords: civil construction, housing recovery, construction investment, international economy
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