Total war-related damage to Ukraine’s infrastructure exceeds $150B - KSE
That’s according to the Kyiv School of Economics (KSE Institute), Ukrinform reports
As of June 2023, the total amount of direct documented damage inflicted on Ukraine’s infrastructure due to Russia’s full-scale invasion is estimated at $150.5 billion (by replacement cost)," the report says.
According to the researchers' calculations, the largest share in the total amount of losses is that to the housing stock, $55.9 billion, taking into account losses of approximately $1 billion from flooding and destruction of residential buildings due to the explosion at the Kakhovka HPP dam.
According to preliminary reports by regional military administrations, as of June 2023, the total number of housing facilities destroyed or damaged as a result of hostilities stands at about 167,200, of which 147,800 are private households, 19,100 apartment blocks, and 350 dormitories.
The infrastructure sector (transportation, railway infrastructure, road management, aviation industry and port industry) is a runner-up in terms of losses incurred ($36.6 billion).
Losses to business assets are estimated at $11.4 billion. It is emphasized that at least 426 large and medium-sized private enterprises and state-owned companies have been damaged or destroyed since the outset of the war but the number of destroyed enterprises may be significantly higher, since there is currently no information about facilities located in the temporarily occupied territories.
Direct documented damages caused by the destruction of educational facilities amount to $9.7 billion. In total, as a result of hostilities, almost 3,400 educational institutions have been damaged.
According to tentative estimates, $8.8 billion losses have been caused to the infrastructure of the Ukrainian energy industry, of which $638 million is direct losses from the blow-up of the Kakhovka HPP.
Another $8.7 billion is direct losses to the agricultural sector.
The total amount of damages from the destruction and damage to social security, research, and health care facilities, as well as cultural buildings, sports facilities, and administrative buildings stands at about $5.9 billion.
As reported earlier, the Ministry of Economy estimated direct damage caused to Ukraine due to the explosion of the Kakhovka HPP at nearly $2 billion.