Evaluate the Reality of Investment Construction Projects in Iraq
DOI:
https://doi.org/10.22399/ijcesen.3243Keywords:
Investment management, Construction projects, Assessment barriers, Strategic management, Construction industryAbstract
Since 2003, the building sector in Iraq has undergone a large amount of development, and the region's commercial linkages with the countries of other regions have undergone a substantial amount of advancement. Because Iraq was closed during this period, it needed a lot of investment for development projects. In addition, because major sections of Iraq are stable, foreign construction corporations have been focusing on the country.In spite of this, the Iraqi government has made it easier for foreign investment businesses to get involved in the region as part of a plan to acquire international knowledge and foreign technological ability. As a direct consequence of this, a competition environment for both domestic and foreign businesses has been established in the region. As a consequence of this, regional and national construction businesses have been motivated to make significant strides toward enhancing their overall performance within the sector.On the basis of acknowledging the most appropriate achievement measures for construction companies performing in the region and recommending an arrangement by using these measures, The primary objectives of this research are to evaluate and analyses the impediments that impede the implementation of investment construction projects in Iraq.These goals will be accomplished by constructing a framework that will be based on the performance measures. In order to shed light on the aforementioned impediments to investment in the construction industry, this article has been revised to include a variety of viewpoints pertaining to the commercial climate of the construction sector in Iraq.As a consequence of this, a management controlling system that must be utilized as a management oversight system for the purpose of managing and accessing the performance of Iraqi construction companies must be developed as a result of an assessment of the barriers to the implementation of investment construction projects in Iraq management.
References
[1] Kurmanova, D. S., Ismailova, A. S., Ukibayeva, G. K., Abdildinova, N. E., & Bakyei, A. (2023). Investments as a factor of sustainable development of rural areas. Journal of Environmental Management & Tourism, 14(3), 729-738.
[2] Lapidus, A. A., Abramov, I. L., & Al-Zaidi, Z. A. K. (2020). Assessment of the impact of destabilizing factors on implementation of investment and construction projects. In IOP conference series: materials science and engineering Vol. 951(1), 012028. IOP Publishing.
[3] Zhan, J. X., & Santos-Paulino, A. U. (2021). Investing in the Sustainable Development Goals: Mobilization, channeling, and impact. Journal of International Business Policy, 4(1), 166.
[4] Li, G., Zhang, R., Feng, S., & Wang, Y. (2022). Digital finance and sustainable development: Evidence from environmental inequality in China. Business Strategy and the Environment, 31(7), 3574-3594.
[5] Mykytyuk, Y. (2024). Evaluation and management of the cost of investment and construction projects. Herald of Economics, (2), 226-237.
[6] Shaturaev, J. (2022). Efficiency of investment project evaluation in the development of innovative industrial activities. ASEAN Journal of Science and Engineering, 3(2), 147-162.
[7] Altuma, M. I., & Ghasemlounia, R. (2021). Effects of construction materials to achieve sustainable buildings. SSRN 3781422.
[8] Stetsenko, S., Hryhorovskyi, P. Y., & Ryzhakova, G. M. (2020). Multiple criteria models for proving investment and construction project efficiency. Organizational and technological model engineering in the construction industry: collective monograph–Lviv-Toruń Liha-Pres. SENSE.
[9] Nizamova, G. Z., Gayfullina, M. M., Musina, D. R., Tumanova, A. Y., & Battalova, A. A. (2020, June). Development of a risk assessment methodology for the implementation of investment projects of a construction organization. In IOP Conference Series: Materials Science and Engineering Vol. 880(1), 012111. IOP Publishing.
[10] Han, Y., Li, J., Cao, X., & Jin, R. (2020). Structural equation modeling approach to studying the relationships among safety investment, construction employees’ safety cognition, and behavioral performance. Journal of construction engineering and management, 146(7), 04020065.
[11] Altuma, M. I., & Alrikabi, A. A. M. (2024). A Theoretical Proposed Frameworks to Satisfied Sustainability in Iraq's Building Industry. Physical Sciences, Life Science and Engineering, 2(1).
[12] Liu, X., Xue, Z., Ding, Z., & Chen, S. (2023). Sustainability Assessment of Municipal Infrastructure Projects Based on Continuous Interval Argumentation Ordered Weighted Average (C-OWA) and Cloud Models. Sustainability, 15(6), 4706.
[13] Waqar, A., Houda, M., Khan, A. M., Khan, M. B., Raja, B. N. K., & Elmazi, G. (2024). Limitations to the BIM-based safety management practices in residential construction project. Environmental Challenges, 14, 100848.
[14] Selvaraj, S., & Chan, T. M. (2024). Recommendations for implementing circular economy in construction: direct reuse of steel structures. Journal of constructional steel research, 214, 108439.
[15] Altuma, M. I., Lateef, H. A., & Al-Yousuf, A. A. (2024). Economic Profitability of Sustainable Buildings Industry. Al-Esraa University College Journal for Engineering Sciences, 6(10), 17-30.
[16] Zhang, X., Song, W., & Peng, L. (2020). Investment by Chinese enterprise in infrastructure construction in Malaysia. Pacific Focus, 35(1), 109-140.
[17] Wei, H., Li, F., Hong, Z., & Jiang, H. (2024). Research on Economic Evaluation Methods and Project Investment Strategies for Gas Power Generation Based on the Natural Gas Industry Chain and Gas–Electricity Price Linkage in China. Fuels, 5(4), 715-726.
[18] Kazaku, E., Zvereva, E., & Tsarionova, J. (2021). Evolution of risk assessment methods and the possibility of their use in determining the investment and construction projects’ effectiveness. In E3S Web of Conferences Vol. 281, 08007. EDP Sciences.
[19] Altuma, M., Abdulridha, H., & Al-Yousuf, A. (2024). Assessment tools of sustainable buildings projects: A review. Al-Rafidain Journal of Engineering Sciences, 168-184.
[20] Bachar, R., Urlainis, A., Wang, K. C., & Shohet, I. M. (2025). Optimal allocation of safety resources in small and medium construction enterprises. Safety Science, 181, 106680.
[21] Sun, Y., Liu, M., Hao, S., & Wei, M. (2025). Investment risk assessment of social capital in urban rail transit Public-Private Partnership projects. Journal of Asian Architecture and Building Engineering, 24(1), 298-316.
[22] Sobieraj, J., & Metelski, D. (2023). Identification of the key investment project management factors in the housing construction sector in Poland. International Journal of Construction Management, 23(1), 1-12.
[23] Wealer, B., Bauer, S., Hirschhausen, C. V., Kemfert, C., & Göke, L. (2021). Investing into third generation nuclear power plants-Review of recent trends and analysis of future investments using Monte Carlo Simulation. Renewable and Sustainable Energy Reviews, 143, 110836.
[24] Daniel, B. K., Harland, T., & Wald, N. (2024). Higher education research methodology: A step-by-step guide to the research process. Routledge.
[25] Muzari, T., Shava, G. N., & Shonhiwa, S. (2022). Qualitative research paradigm, a key research design for educational researchers, processes and procedures: A theoretical overview. Indiana Journal of Humanities and Social Sciences, 3(1), 14-20.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 International Journal of Computational and Experimental Science and Engineering
This work is licensed under a Creative Commons Attribution 4.0 International License.
