Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Abroad Financial commitment (JOI) to assistance Zambia entice additional Japanese Investment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese firms, foreign expenditure promotion businesses and worldwide companies into a network that will gain Zambia via the use and spread of information and facts handy for International Direct Financial investment (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 through the operationalization of the MoU more Japanese firms will make investments in the country’s various sectors.

“Zambia appreciates the amount of Japanese guidance it has acquired as a result of Overseas Improvement Guidance (ODA) but the nation is now searching to have the Japanese private sector participate in a extra energetic job and get into partnerships with the Zambian private sector, therefore the important role of JOI,” she claimed.

And Mr Nakanishi claimed he will function tough in assisting Zambia appeal to a lot more Japanese buyers.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the financial relations involving Zambia and Japan by way of facilitating seem and sleek growth of Japanese immediate financial investment by conducting actions these types of as financial seminars, investigate and examination of info practical for Japanese Traders.”