مجتبی صالح پورعمران

  Today, societies are on a rapid development path and long-term economic growth requires sufficient financial resources for development and infrastructure projects. Modern financial management tools play a key role in the optimal utilization of available resources, and countries that are successful in attracting diverse resources have implemented large projects and witnessed significant progress in developing national infrastructure and increasing social welfare. In advanced countries, investors usually finance only about ۳۰ percent of project resources themselves, and the rest of the resources are attracted through the issuance of bonds, sale of shares, and domestic and foreign loa   while in Iran, development projects are mainly dependent on public resources and the sale of bonds, which leads to limitations in financial resources and delays in project implementation. This study examines the methods of financing, including public resources, domestic bank facilities, bonds, and foreign loans. The results of the study show that the use of multiple combinations of financing sources (blended financing) along with public-private partnerships (  ) can reduce the payback period and minimize the financial and economic risks arising from the provision of resources. Also, the use of the Clean Development Mechanism (CDM) as a new tool to reduce the costs of greenhouse gas emissions and attract green investments, in addition to improving the quality of the environment, can increase the international credibility of projects. This study also emphasizes that accurate economic evaluation at the beginning of projects and studies of the early phases are essential for carrying out financial planning in a favorable manner. Selecting experienced contractors, providing adequate equipment and establishing strong monitoring systems are requirements for the timely implementation of projects. The limitations of public resources, especially the dependence on oil revenues and its fluctuations, emphasize the need to diversify financing sources. Finally, the research shows that by utilizing new financing methods and managing related risks, significant improvements can be achieved in the implementation of construction projects. Reforming financial laws, increasing awareness, and using new financial management tools are considered to be the most important factors for success in securing financial resources for infrastructure projects. This approach will not only accelerate the implementation of projects, but also pave the way for sustainable economic growth and improving the quality of life of citizens. In this research, information was collected through library studies and open-ended questionnaires from experts and managers, and the challenges of securing financial resources were analyzed.