Business, Management and Accounting
4 years ago

Unfinished construction projects in Iran face major barriers to privatization.

Construction Innovation
Determining and assessing the significant barriers of transferring unfinished construction projects from the public sector to the private sector in Iran
Hadi Sarvari, Hala Nassereddine, Daniel W.M. Chan, Mohsen Amirkhani, Norhazilan Md Noor

Paper Summary

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The goal of the study was to identify the barriers to transferring unfinished construction projects from the public to the private sector in Iran. Researchers developed a questionnaire and surveyed experts to rank 37 barriers in seven areas. The top three barriers were taxation laws, government policies, and one-sided regulations. These findings can help both public and private sectors improve infrastructure projects.