The $1 Trillion Race to Rebuild Ukraine Is Slowly Getting Going
The momentum may be with Russia, but politicians, executives and investors are already eying the biggest contract bonanza since at least World War II.
As orders for its backup electricity generators surged in Ukraine, Turkish company AksaPower Generation finally dispatched a dedicated manager to Kyiv. Salih Komurcu’s job, though, wasn’t just to oversee the current business in the war-hit country. It was also about what happens when the bombs eventually stop.
The situation on the front line offers no sense of when or how Russia’s war against its neighbor might end. Ukrainian setbacks have darkened the mood in Kyiv of late. But a growing phalanx of companies is gradually increasing its presence on the ground with the prospect of the biggest investment opportunity since at least World War II when it does.