On 26 April 2022, CASE Ukraine think tank held a discussion on the topic of Is Ukraine Ready for Recovery and Economic Revival? The event featured Oleksandr Parashchiy, Head of Research at Concorde Capital company, and Power and Construction expert Oleh Palayda, and was moderated by CASE Ukraine Director Dmytro Boyarchuk.
- A new well-conceived urban planning and development scheme is necessary to ensure the defence of territories.
- Legislative amendments take time and amendments to construction regulations need to start already now. The recovery of infrastructure should commence immediately after the end of the war.
- The recovery should be paid by the aggressor country that inflicted the damage.
- A large and respectable international player must be responsible for organising and setting up a damage compensation and reimbursement fund to provide Ukraine with money to rebuild all the destroyed assets already now.
- The rebuilding residential housing, infrastructure and businesses is important. It is also necessary to design mechanisms to compensate and finance indirect losses of partially damaged businesses that have not been completely destroyed.
- It is necessary to attract investors and give them a higher rate of return than they have in a country with no risks and infrastructure already built.
- Business recovery is possible if with financial assistance from the state. Preferential loans will be covered by state-owned banks against the repayment guarantee after compensation for lost assets is obtained.
Transcript of discussion (please follow the link)