Abstract

The construction industry is a strategically important component in the development of the national economy and the development of the country's social infrastructure. The variability of the conditions of production activities of construction companies leads to fluctuations in physical and financial results obtained by enterprises. The relevance of the topic is emphasized by the importance of the development of the construction industry due to its impact on the efficiency of the functioning of the entire economic system in the country. The issue of financing the construction industry requires special attention. The level of investment in construction determines the ability of enterprises to receive a number of benefits. To create a favorable investment climate in Ukraine, it is necessary to develop real financial and credit mechanisms to stimulate industrial and housing construction in order to increase the competitiveness of the industry. The analysis of capital investments in construction in comparison with other spheres of activity for three years is carried out. Deterioration of the situation in 2020 compared to previous periods has been identified. To determine the prospects of the construction industry, the index of business activity of construction companies in 2021 was considered. In connection with the change in the level of investment, its relationship with the index of construction products is considered. Identified similar trends in the change of these indicators. Assumptions are made about the impact of inflation on the volume of construction output and its corresponding reflection on the index of construction output. Factors that hinder the activities of construction companies are listed. The increase in the cost of construction works due to higher prices of raw materials was especially noted. The measures taken by the government to create an attractive investment climate in Ukraine are indicated. The need for more thorough development of strategies for attracting domestic and foreign investors in the construction industry of Ukraine and finding new sources and forms of financing was also noted.

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