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Ukraine faces long process of rebuilding economy, PM says
Journal Staff Report

KYIV, May 26 – Ukraine must go through several stages to build a new European future, the first stage is to restore more than 200 enterprises, 12 airports and over 1,000 educational institutions, as well as other destroyed infrastructure, Prime Minister Denys Shmyhal has said.

The first [of four stages] is to restore more than 200 factories and large enterprises, 12 airports and more than 1,000 educational institutions, as well as almost 300 bridges and overpasses that were damaged, destroyed or captured as a result of hostilities due to the Russian war against Ukraine," he said during a discussion at the Ukrainian House at the World Economic Forum in Davos on Wednesday.

Shmyhal added that about 25,000 km of roads were damaged during the hostilities, and 40 million square meters of housing stock were destroyed. At the same time, the losses are not final, their size is growing with every day of the war that Russia unleashed, the prime minister stressed.

The damage to Ukraine's economy from the Russian war has reached $600 billion, Shmyhal said. (om/ez)




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