Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Being familiar with (MoU) with Japan Institute for Abroad Financial investment (JOI) to enable Zambia attract a lot more Japanese Expenditure in the state.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese firms, foreign expense advertising businesses and global companies into a community that will advantage Zambia by way of the use and distribute of data handy for International Immediate Expense (FDI).

The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Abroad Financial investment president, Kohei Nakanishi.

Ambassador Mutiti is optimistic that via the operationalization of the MoU much more Japanese businesses will devote in the country’s many sectors.

“Zambia appreciates the amount of Japanese guidance it has received through Overseas Progress Aid (ODA) but the place is now on the lookout to have the Japanese private sector enjoy a far more energetic role and get into partnerships with the Zambian private sector, for this reason the crucial position of JOI,” she stated.

And Mr Nakanishi stated he will perform tricky in aiding Zambia draw in much more Japanese traders.

Mr Nakanishi said the MoU will result in JOI contributing to deepening the economic relations involving Zambia and Japan via facilitating sound and clean advancement of Japanese immediate investment by conducting things to do this kind of as financial seminars, research and assessment of facts beneficial for Japanese Investors.”