The Concept of Financial Sustainability and Its Role In Road Construction Organizations
Abstract
For road construction companies, financial sustainability has become a critical factor in determining operational success and long-term survival, particularly in infrastructure-dependent and economically unstable countries like the Middle East and North Africa (MENA). This study investigates the idea of financial sustainability by looking at how it affects project continuity, investment capacity, and organizational resilience in the road construction industry. The research emphasizes systemic financial barriers that impede the development of sustainable infrastructure, and it is based on the diagnostic findings of the World Bank's Financial Access and Stability report. These include inadequate institutional frameworks, a dearth of diverse financial markets, and restricted access to financing. This study uses a qualitative thematic analysis of regional financial reports to identify important legislative and structural elements that impact construction companies' capacity to get finance. The research makes specific recommendations for improving financial sustainability, including bolstering capital market expansion, improving credit infrastructure, and promoting the integration of environmental, social, and governance (ESG) norms into financial planning frameworks. In order to guarantee sustainable road infrastructure finance in the MENA area, the paper's conclusion emphasizes the need of comprehensive reforms that integrate organizational practices, financial system development, and government policy.
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