Adoption PPP model as an alternative method of government for funding abandoned construction projects in Iraq

• Published in: IOP conference series. Materials Science and Engineering 2021-02, Vol.1076 (1), p.12115
• Main Authors: Khudhaire, Huda Yaseen, Naji, Hafeth I.
• Format: Article
• Language: English
• Subjects: Analytic hierarchy process; Construction industry; Contracts; Finance; Financing; Funding; Questionnaires
• ISSN: 1757-8981; 1757-899X
• DOI: 10.1088/1757-899X/1076/1/012115

The Iraqi construction sector is facing complex issues and a number of problems. Abandoned construction projects are considered one of the most common and serious problems in the construction industry in Iraq due to a lack of funding, which reflected by exceeding the time limit for completion of the projects. The number and value of the projects involved are usually large. reconstruction, maintenance, and operation of unfinished projects in Iraq require better coordination between these issues, and the country’s other affairs, this goal, cannot be accomplished unless the project is financing in the most successful way. This study aims to use the analytic hierarchy process (AHP)technique to select the appropriate type of the Public-Private Partnership (PPP) contracts to finance abandoned projects in Iraq. using a questionnaire survey to select the most significant criteria for choosing an appropriate financing approach for the abandoned project. The reliability of the questionnaire is achieved, by using the Cronbach Alpha calculated by SPSS software (Version 26). The results obtained illustrate the final weight of the Build, Operate and Transfer (BOT) contract from AHP is 0.261 is the best type of the (PPP) contracts in the alternatives suggested to finance the project.