Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowledge (MoU) with Japan Institute for Overseas Financial investment (JOI) to support Zambia bring in far more Japanese Investment decision in the state.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese companies, international investment promotion agencies and worldwide organizations into a network that will advantage Zambia as a result of the use and unfold of data helpful for International Immediate Financial commitment (FDI).

The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Overseas Investment decision president, Kohei Nakanishi.

Ambassador Mutiti is optimistic that by means of the operationalization of the MoU far more Japanese firms will spend in the country’s several sectors.

“Zambia appreciates the sum of Japanese assist it has been given by Abroad Growth Guidance (ODA) but the region is now hunting to have the Japanese non-public sector engage in a more active position and get into partnerships with the Zambian personal sector, that’s why the important job of JOI,” she said.

And Mr Nakanishi said he will work challenging in helping Zambia draw in much more Japanese investors.

Mr Nakanishi stated the MoU will consequence in JOI contributing to deepening the financial relations involving Zambia and Japan by facilitating sound and sleek improvement of Japanese immediate financial investment by conducting pursuits these kinds of as economic seminars, investigation and analysis of data beneficial for Japanese Traders.”