In Clutches Of Clans. How Construction Mafia Works (In Ukraine)

Source: EPravda

Originally Posted At Economic Pravda on July 24, 2018, author – Olena Medvedieva

The construction market has been captured by a system that lives not by the law, but by its own rules. The system consists of a clan of government officials who want to have their share from each construction site, and a clan of major developers who provide this share, but require their interests to be served.

There is an unfortunate sign in big Ukrainian cities: if a large housing development begins at some place, you are in for activists protesting with banners.

Alas, according to the local market rules, even those developers who are willing to offer a high-quality and inexpensive product to the consumer will be forced by other players to break the law and eventually wind up the price.

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