A road network serves as a fundamental public infrastructure that is essential for a nation's economic progress. Activating the road management system can improve public infrastructure performance over time. Many nations, including Iraq, are trying to build sustainable roads. The feasibility study estimated the financial viability of renewing annual vehicle licenses and compared it with road maintenance to evaluate financing strategies for sustainable infrastructure, focusing on one of Iraq's provinces, Diyala, 's road network.(Hamrin Lake) Road was chosen as the case study. Using the Benefit Cost Ratio (BCR), Net Present Value (NPV), and Internal Rate of Return, average daily traffic and future average daily traffic were calculated to determine the financial feasibility of those vehicles' benefits and compare it with road maintenance costs. At a 12% discount rate, the project's Net Present Value of 9,046,076,859 dinars and benefit-cost ratio of 10.52 exceeded the benchmark score of 1.0. Additionally, the project's 186.87% internal rate of return shows financial viability. Sensitivity analysis was also performed to discover the variables that most affect the project's financial viability. Altering the discount rate from 10% to 50% while examining traffic pattern modifications (r=1% and r=2%), the analysis found that the project was able to withstand these changes and remain economically viable. The positive results indicate that implementing such measures can contribute to the development of sustainable infrastructure in Iraq, benefiting the economy and society as a whole.
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