An Assessment for PPP Adoption as an Alternative Government Approach to Finance Suspended Infrastructure Projects in Iraq

Jinan Kata'a Hassan, Sedqi Esmaeel Rezouki

Abstract


Due to the decline in oil prices in 2014 and the years after, Iraqi government encouraged governmental institutions to
engage private sector in financing infrastructure projects that have been suspended due the financial crisis through
public- private sector partnership (PPP) as alternative source of funding. However, the participation of the private
sector in filling that gap was unpromising. Therefore, this research is conducted to identify the reasons behind that in
regard the projects of the Ministry of Construction and Housing and Public Municipalities (MoCHPW). 17 interviews
were conducted as preliminary step of data collection where 13 major impediments have been identified and
organized within a questionnaire that conducted with a participation of 98 respondents from public, private
institutions and academics. Means comparison was used to rank impediments also nonparametric tests were used to
assess the agreement level of survey sample groups’ respondents towards. Findings indicated that the poor ability to
conduct PPP projects feasibility studies by government organizations came the first on the top five impediments as
ranked by overall respondents, followed by inability of government to set timetables for payments due to the lack of
future vision of Iraqi cash status as it is influenced by the fluctuation in oil prices. The Lack of political commitment
came at the third place and the lack of clear selection criteria for private partner at the fourth place and lack of
private funding came at the fifth place. The overall findings indicated that government must more decisive in dealing
with and resolving these impediments to ensure the success of PPP in Iraq.

Keywords


Suspended infrastructure projects, PPP, impediments, Iraq

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DOI: https://doi.org/10.14741/ijcet/v.9.3.5

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