Private Sector Investment in Economic-Artistic Growth; (Case study: Tabriz City)

The current century has witnessed the expansion of urbanization in developing countries, including Iran. On the one hand, one of the consequences of this phenomenon is the increase in demand for goods and services in cities, and on the other hand, urban development requires financing of municipalities and government organizations. Nevertheless, due to the diverse situations of developing countries and the financial crises of these countries, as well as the low credit and revenues of municipalities from local taxes, it is not possible to finance the necessary urban projects through the government sponsorship. As a result, for the progression of infrastructure, the presence of private sector investment and the use of facilities of private banks and institutions appears compulsory. The metropolis of Tabriz is a clear example of urban development using the capacities of the private sector. The present applied research applies a descriptive-survey method with the use of questionnaire tools and a sample size of 384 people to assess the role of private sector investment in the economic and artistic development of Tabriz. In the research process, Delphi technique was used to analyze the data and SWOT model was used to analyze the factors affecting private sector investment, quantitative strategic planning matrix technique. The results of the evaluation matrix of internal and external factors of Tabriz based on the QSPM model indicate that the weight of the city's strengths weighs on its weaknesses. Therefore, considering the strengths and weaknesses of the study area and the opportunities and threats that exist outside the region, as well as taking into account their total points, it can be concluded that by emphasizing on increasing private sector investment, economic-artistic development of Tabriz is followed.

Research purposes:

1. Assessing the role of private sector investment in the economic-artistic development of Tabriz. 2. Investigating the strengths and weaknesses / opportunities and threats of private sector investment on the development and progress of Tabriz.

Research questions:

1. Can supporting private investment play an effective role in the field of economic-artistic prosperity and growth and development of the city of Tabriz? 2. What are the strengths and weaknesses of private sector investment in the development of Tabriz and its opportunities and threats?