Iran's Road Projects Face Financial Risks: New Model Identifies Key Factors
The goal of the research was to create a model to assess financial risks in public-private partnership road construction projects in Iran. Experts identified 14 factors like market risk and political stability. Using a method called ISM, they found that political risk is the most important factor, while liquidity risk and credit risk also play significant roles. The model they developed has five levels and can help in understanding and managing financial risks in these projects.