Ukraine’s infrastructure losses are estimated to amount to over $94 billion and are increasing weekly

12 May, 05:54 PM
Consequences of a Russian shelling attack in Kharkiv (Photo:REUTERS/Ricardo Moraes)

Consequences of a Russian shelling attack in Kharkiv (Photo:REUTERS/Ricardo Moraes)

On May 12, the Kyiv School of Economics (KSE Institute) published an up-dated report on the extent of damage to Ukrainian infrastructure due to the full-scale Russian invasion of Ukraine.

As part of the project “Russia will pay”, the Institute estimates that total Ukrainian infrastructure losses amount to more than $94 billion, or almost UAH 2.8 trillion, having increased by nearly $2.4 billion over the week.

The biggest losses are in housing stock – which, as a result of the war, has lost 35.2 million square meters, worth $31 billion. The cities of Mariupol, Kharkiv, Chernihiv, Sumy and Rubizhne have suffered the most.

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It is also reported that as of May 10, losses from the destruction of 27 oil depots amount to $227 million.

Also since the start of the full-scale invasion, at least 208 enterprises, 508 medical institutions, 562 kindergartens, 295 bridges, 156 warehouses, 102 religious buildings, 83 administrative buildings, 27 oil depots and 12 civilian airports have been destroyed or captured.

The total losses of Ukraine's economy due to the war range from $564 billion to $600 billion.

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