Investments in capital construction in Ukraine

In this article are researched the sectoral division of the country’s economy and the classifier of economic sectors. It is determined that the sectoral structure of the national economy is a set of industries, i.e., homogeneous economic units with special conditions of functioning (production of homogeneous products or use of homogeneous resources, the same functional content of the operations performed). The sectors of the economy include industry, construction, agriculture, trade, and government. Each sector of the economy is divided into complex sub-sectors characterized by varying degrees of production differentiation. Construction activity is an independent branch of production activity, which is composed of a set of all production units that carry out mainly the same or similar types of production activity. The positions of scholars who relate capital construction to be a sub-sector of the construction industry are considered. The concept of “capital construction” is understood as a type of economic activity which consists in the performance by economic entities of works on creation and restoration of fixed assets, i.e. buildings and structures which are classified according to the NC 018-2023 “Classifier of Buildings and Structures”. It is determined that, being a part of the construction industry, capital construction is at the same time a type of economic activity carried out in all sectors of the country’s economy, which results in the creation of various production and non-production facilities (buildings and structures) to be used by business entities or other participants in economic relations to achieve their commercial or other goals. Specific areas and objects of capital construction that can be created are considered, in particular, in the energy sector, such objects as thermal and nuclear power plants, dams, power lines can be created, in the fuel sector - oil refineries, mines, loading and unloading stations, in the transport sector - roads, railways, bridges, ports, pipelines, railway stations, etc. The areas of capital construction in Ukraine that require the most attention and investment are identified, namely energy and fuel infrastructure, including green construction, transport and defense infrastructure, housing construction, and social infrastructure. It was established, that the priority areas for investment in capital construction in Ukraine are those areas that directly affect national security, social needs and economic recovery.