THE NEEDS OF UKRAINE’S ECONOMIC SECTORS FOR FOREIGN INVESTMENTS IN LIGHT OF THE DAMAGES CAUSED BY THE WAR

Abstract

The article explores the economic repercussions of the conflict between Ukraine and Russia, focusing on the damage inflicted and the subsequent need for recovery. It identifies the most impacted sectors – residentialconstruction, industry, logistics, and education – as a not only requiring significant aid but also presenting attractive investment opportunities. The analysis extends to potential investment avenues across these sectors, emphasizing the importance of foreign aid and strategic government intervention to secure foreign investment. Infrastructure, particularly housing, is pinpointed as a critical area for investment to support the return of refugees and internally displaced persons in the post-war period. Despite considerable losses, the industrial and trade sectors, including the military-industrial complex, logistics, and education, are highlighted for their investment potential. The energy sector, deemed strategically crucial, faces challenges from mine-infested territories and the European Union’s ambitious renewable energy targets. Yet, it retains its competitiveness and ability to attract investments amidst the conflict. The article calls attention to significant obstacles, such as the dependency on fossil fuels and the need to align with the EU’s renewable energy ambitions.