Dangat Nilesh

Abstract Iran is the second largest economy in the Middle East and North Africa region after the Saudi Arabia. Lorestan Province is located in the west of Iran. It is a very beautiful place with a high perspiration rate and a good climatic condition. This province is the route from the south to the north of Iran. It is a mountainous region including different mines many of which are active now. Lorestan Province is in need of economic development to provide employment for the youth. The objective of paper is to study the investment opportunities in the province in the areas of small scale industry and agriculture. With a view to improving the prospects for the economy, the Iranian government has announced several measures including: raising the productive capacity of the non-oil segment of the economy, giving greater autonomy to the Central Bank, broadening the tax base, stabilizing and unifying the domestic currency in the market, reinstating the Management and Planning Organization which was in charge of drafting the government budget and the country’s five year development plans, and opening up the oil sector to foreign companies for investment and technical assistance. Some important requirements in the current circumstances that providing entrepreneurial courses, focusing on the management of small - scale industry as part of the curricula of academic disciplines, especially engineering and management