Financial funding of a construction firm plays an important role in all aspects of the process development. It has been noted that financial crises have a direct impact on the construction industry. The Iraqi government, whether locally or globally, has faced a severe shortage of financing which has resulted in incomplete projects. Due to the financial crisis that Iraq went through which led to the suspension of many residential complex projects and the difficulty of the use of public financing methods, we researched the private financing (public-private partnership) methods instead of public financing methods in residential complex projects implementation. This study verified the financial problems and the factors that relate to the possibility of their occurrence with the use of a questionnaire that was designed and distributed to professionals in the field. Arbitration of the questionnaire, pilot study, questionnaire distribution, and statistical tests were conducted. The T-test (paired samples T-test) was used to find out if there are differences between the public and private financing methods. The results showed that the private financing (public-private partnership) methods, under the current conditions in Iraq, are better than the public financing methods.
The political situation experienced by Iraq before the events of 2003 that led to the collapse of infrastructure. rebuilding costs were estimated after 2003 by187(million USD) according to the estimates of the basic needs as stated in Five-Year Plan 2010-2014. The difficult in financing projects and the continuous demands for maintenance and operating cost, and working by contemporary styles in different countries, the strategic option is to adopt the government entering the private sector as a partner in the development process. Since public _private partnership (PPP's) is at a germinating stage of development in Iraq, it has been studied the critical success factors(CSF's) in the experiences of countries that have implemented the style (PPP's) in infrastructure projects which can be ensured or controlled in some way and in the effective management of those already embarked upon . It should pave the way for enhanced decision making in the choice of suitable projects. The mainly aims of this paper are:1- To highlight the importance and need of PPP‘s contracts in Iraq.2- Establishing a model of CSF's for infrastructure projects in Iraq. collected (87)success factors which characterized by the state directly in PPP's projects consists of (8)main criteria(Privatization and investment Policy, Economical , Legal and political ,Financial and commercial, Administration and organizational ,Social and environmental ,Technical and Support , motives and guarantees of government) and found out (40) CSFs among them through questionnaire experienced in these projects to work to assess the standards and compare them and come to decisions by the decision maker, and therefore have a database of views experienced for use in other projects.
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