Ukraine Reconstruction

[Trenchcoat]

Started thinking about reconstruction in Ukraine recently and discovered this:

http://ec.europa.eu/commission/presscorner/detail/en/ip_22_3121

The EU have already drawn up a broad blueprint for how it will go about aiding Ukraine with reconstruction. Of course Ukraine has to win the war first. So the above EU website goes into some detail about how this will be structured. They know of course that Ukraine is deeply corrupt and you can't just pass the money over, at least I assume they do.

From the looks of it the EU will keep hold of the money, Ukraine will identify what needs to be done - the EU say they will have 'ownership' but I don't think they mean literally in terms of money but more in terms of deciding what's needed and relaying that back to the EU where the bureaucratic process begins to avoid money being handed over and spirited away. That's the impression I get from the document, the detail is not all fully filled in but the EU usually work that way. As they say they've been assisting Ukraine since 2014 so probably know the processes to use to avoid money going walkabout.

So what companies will benefit from work in Ukraine as a result? Foreign companies or Ukrainian companies? Or both? That is not yet clear either. My guess is that for all the help the West have given Ukraine is that foreign companies will be in the picture. My guess is that the US would want in somehow as well so perhaps more on all of that at some point.

So if Ukraine wins the war then who knows Krim maybe you could get involved in some legit reconstruction business in Ukraine. Not quite the same as Moscow I understand but surely better than the Baltics

[Trenchcoat]

A recent report on the current estimated cost of reconstruction for Ukraine:

http://www.worldbank.org/en/news/press-release/2023/03/23/updated-ukraine-recovery-and-reconstruction-needs-assessment

Currently about $411 billion US Dollars which of course is huge. Report also highlights the growing number of Ukrainians pushed into poverty due to the war. Both figures likely to rise of course the more the war goes on.