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Investment and Construction Activity in H1 2018

Olga Izryadnova – Head of Structural Policy Department of the Gaidar Institute; Leading Research fellow of the Macroeconomic Research Department, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In H1 2018, fixed investments constituted 103.2% against the corresponding period of the previous year. Positive dynamics of the scale in investment and construction activity has been observed during last seven quarters and reflects gradual managing the fallout from the acute crisis posted in the investment sphere in 2014–2016. The share of own funds along the reduction of budget funds and bank loans issued for the investment programs has increased in investment financing.

In H1 2018, dynamics of fixed investments by large enterprises was positive in the manufacturing industry, construction, and commerce along a decrease of fixed investments in the mining sector and transport.

Key words: investment, fixed investment, work scope in construction, housing.