reconstruction
noun [ U ]
uk/ˌriːkənˈstrʌkʃən/ usthe work of building something again after it has been damaged or destroyed:
They were involved in humanitarian aid and reconstruction projects after the earthquake.
They use the profits for reconstruction and development work in Africa.
a set of changes made to the basic structure of a business or economy, especially after it has had problems:
The Opera will have to undergo major reconstruction and many people will lose their jobs.
See also
the EBRD
IBRD