From the BlogSubscribe Now

Rebuilding Ukraine

Access to new resources related to rebuilding Ukraine resulting from Russia’s invasion added to PM World Library

21 February 2024– Dallas, TX, USA and Kyiv, Ukraine – A new resource has been added to the PM World Library (PMWL) related to rebuilding infrastructure, buildings, industries and institutions in Ukraine damaged or destroyed by Russia since February 2022.  The new resource is an entire new webpage titled “Rebuilding Ukraine”, located under “Economic Development” in the “Solving Global Problems” section of the PMWL.

According to the Kyiv School of Economics in February 2024, the total amount of direct documented damages inflicted upon Ukraine’s infrastructure due to the full-scale invasion by Russia as of January 2024 stands at $155 billion (at replacement cost). The Kyiv School of Economics (KSE) conducts such an assessment with the Ministry for Communities, Territories and Infrastructure Development, the Ministry of Health, and the Ministry of Economy in cooperation with other relevant ministries and the National Bank of Ukraine. The increase in the total amount of damage is due to a growth of damaged and destroyed infrastructure, housing, industry, energy, education, and healthcare facilities.

At the same time, rebuilding Ukraine's economy after Russia's invasion nearly two years ago is expected to cost $486 billion, 2.8 times its 2023 expected economic output, according to a new study by the World Bank, United Nations, European Commission and the Ukrainian government. The estimate released 15 February 2024 covers the period from Russia's invasion on Feb. 24, 2022, through Dec. 31, 2023, and quantifies the direct physical damage to buildings and other infrastructure, the impact on people's lives and livelihoods, and the cost to "build back better," the World Bank said.

Most modern democracies have rallied to Urkaine's defense, providing military support and aid to both refugees fleeing the war as well as those defending the country.  Massive investments in thousands of projects will be required to rebuild Ukraine, in turn requiring project management knowledge, information and support.  The international community can provide much of that expertise and support, both directly and indirectly.  Reconstruction is already beginning, but will accelerate when the war ends, assuming a Ukrainian victory. As with all large programs and projects, thorough planning is essential. This section of the PMWL is intended to support the rebuilding of Ukraine with information that might be useful to those engaged in such programs and projects.

To access this resource, go to the Solving Global Problems section of the PMWL at https://pmworldlibrary.net/solving-global-problems/. Under Solving Global Human and Social Problems, scroll down and click on “Rebuilding Ukraine”.  Free access, registration and login not required.

s2Member®