City One Development took part in the “Forbes Development: The Foundation of Success for Leaders Building the Future” forum, which brought together key players from the development, construction, and investment sectors, as well as urbanists, financial experts, and government officials.
During a panel discussion focused on investments in Ukraine’s reconstruction, the company’s representative – Oleksandr Lakei, Head of Industrial Investment Project Development – shared strategic insights into the future of the sector. He emphasized that despite the ongoing war, the company continues to actively invest in Ukraine’s construction industry.
City One Development is currently constructing two float glass production plants: one in Berezan (Kyiv region) and another in Kalush (Ivano-Frankivsk region). These projects not only support industrial development but also create new opportunities for local communities through the industrial parks “City of Glass” and “Galicia,” which are managed by the company.
During his speech, the City One Development representative announced the selection of a strategic partner and noted that the transaction involving a major international portfolio investor is expected to be finalized in the coming days.
The discussion also covered criteria for selecting communities for project implementation, as well as risk management and insurance issues.
City One Development underscored the importance of sustainable development. In partnership with Kyiv Polytechnic Institute, the company has launched a training program to prepare professionals for the glass manufacturing industry, helping ensure the sector’s future workforce.
Oleksandr Lakei, Head of Industrial Investment Project Development at City One Development, stated:
“Glass is more than just a material. It is a strategic resource that enables import substitution, supports domestic production, and creates added value. By investing in the development of Ukrainian industry, we are not only building factories — we are laying the foundation for the country’s economic recovery. Our goal is to ensure that by 2027, Ukraine will have its own production of high-quality glass.”
