Recently Released Market Study: Ukraine Infrastructure Report Q4 2012
BMI View: We expect the Ukrainian construction industry to suffer from an investment hangover, following a string of projects that have been carried out in preparation for Euro 2012. As such, after a 3.6% year-on-year (y-o-y) growth in construction industry value during 2012, we expect the industry to return to recession in 2013, with a 0.7% y-o-y contraction anticipated. The residential and non-residential construction sector, which accounted for almost 60% of total construction value in 2011 (according to BMI estimates),...
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