World Bank: $14.2 billion is needed for the reconstruction of Mykolaiv Oblast

A Russian missile hit the Mykolaiv hotel building, July 14, 2022. Photo: Konstantin and Vlada Liberov

The needs for the reconstruction of the Mykolaiv region already amount to 14.2 billion dollars.

This is evidenced by the results of the third assessment of damages and needs (RDNA3), which the Ukrainian government conducted together with the World Bank and the UN, writes NikVesti. The document was published in early 2024.

Of these, direct damages from the destruction amounted to 5.6 billion dollars, and the combined economic, social and other losses of the region amounted to 11.1 billion dollars. These are data as of the end of 2023.

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At the same time, the needs for the reconstruction of Kherson Oblast amounted to 35 billion dollars, Odesa Oblast — 7.3 billion dollars, Kyiv Oblast — 42.5 billion dollars. Donetsk region has the greatest need for reconstruction — 73.9 billion dollars.

RDNA3 is an assessment of damage and recovery needs of Ukraine, on which the government, the World Bank, the European Commission, the UN and other partners are working together. It includes tasks from the Multilateral Coordination Platform of Donors, as well as investment priorities of the Government of Ukraine regarding the recovery of the country.

Restoration of the Mykolaiv Oblast

As of February 2024, more than 30% of infrastructure facilities in the Mykolaiv region have been restored. Hospitals and bridges were restored the most, and the residential sector the least.

Last year, the Service for Reconstruction and Development of Infrastructure in the Mykolaiv Oblast concluded contracts for restoration and repair of facilities worth 7.8 billion hryvnias. This is the fourth place in Ukraine in terms of the amount of auctions.

Among the objects to be restored is the bridge in Voznesensk, which is located on the highway H-24 «Blahovishchenske — Mykolaiv». It was destroyed last year during battles with Russian troops for the city, NikVesti reported.

This year, they plan to start work on the restoration of Mykolaiv airport, which was destroyed at the beginning of the Russian invasion.

Prior to that, 789 million hryvnias were allocated from the state budget for the reconstruction of 16 objects damaged by shelling in Mykolaiv region as part of the fund for liquidation of the consequences of armed aggression. During the inspections, the State Audit Service found a number of violations in tender purchases for some of them.

Postwar reconstruction of Mykolaiv

Currently, it is known that about 60% of the aid that Denmark sends to Ukraine goes to Mykolaiv and the Mykolaiv region.

At the annual forum of the publishing house «Legal Practice» Business & Legal Infrastructure Forum, the ambassador of Denmark to Ukraine announced the vision of the post-war reconstruction of Mykolaiv with friendly conditions for pedestrians and bicycle infrastructure.

While in Mykolaiv, the ambassador explained that after the end of the full-scale war, Denmark would help Mykolaiv to restore and modernize its shipbuilding capacity.

In addition, Denmark will rebuild the Lyceum named after Mykola Arkas while preserving its authentic appearance. As of September 2023, Ukrainian architects presented Ole Egberg Mikkelsen with reconstruction options.

Another educational institution that the Danes will rebuild is Admiral Makarov National Shipbuilding University (NUK). The Ambassador of the Kingdom of Denmark to Ukraine Ole Egberg Mikkelsen is sure that this will revive Mykolaiv as a «city of shipbuilding».

The ambassador also supported the idea of creating a Danish quarter or park in Mykolaiv, but today this issue remains at the idea stage.