Ukraine sees rise in volume of construction work

The volume of construction work in Ukraine in January-April 2016 increased by 8.5% year-over-year, to UAH 14.6 billion, the State Statistics Service of Ukraine reported.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

In particular, the volume of construction of buildings rose by 6.9% to UAH 8 billion in the period under review. The volume of residential building construction grew by 2.5%, to UAH 4.5 billion, the volume of construction of non-residential buildings increased by 13.4%, to UAH 3.5 billion. The volume of construction of engineering structures increased by 10.6% to UAH 6.6 billion.

The State Statistics Service notes that work related to new construction, reconstruction and technical re-equipment accounted for 84.8% of the total volume of work in a reporting period, with overhaul and repair work making up 6.8% and 8.4% respectively.

Read alsoForeign direct investment in Ukraine grows by 0.7% Q1The data is presented excluding the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the Anti-Terrorist Operation zone.

As reported, construction companies in the Ukrainian capital Kyiv increased the volume of their operations by 0.6% to UAH 3.7 billion, having already completed 25.2% of the total volume of construction work across the country.

Read alsoKlitschko sees Kyiv's Olimpiyskiy Stadium as venue for Eurovision 2017As UNIAN reported earlier, last year, construction companies in Ukraine reduced the volume of their work by 14.9% to UAH 55.9 billion as compared to the same period in the previous year.

In 2014, the volume of construction work shrank by 21.7% to UAH 50.2 billion as compared to 2013.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!