Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Overseas Financial commitment (JOI) to assist Zambia catch the attention of a lot more Japanese Financial commitment in the state.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese businesses, international investment decision promotion businesses and international organizations into a network that will advantage Zambia via the use and spread of info beneficial for Foreign Immediate Investment (FDI).

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

Ambassador Mutiti is optimistic that by the operationalization of the MoU extra Japanese companies will make investments in the country’s different sectors.

“Zambia appreciates the amount of Japanese help it has been given as a result of Abroad Progress Support (ODA) but the place is now seeking to have the Japanese private sector enjoy a additional lively part and get into partnerships with the Zambian private sector, consequently the important job of JOI,” she claimed.

And Mr Nakanishi reported he will do the job tricky in assisting Zambia appeal to extra Japanese traders.

Mr Nakanishi claimed the MoU will final result in JOI contributing to deepening the financial relations amongst Zambia and Japan via facilitating sound and clean development of Japanese immediate financial commitment by conducting routines these types of as economic seminars, investigation and analysis of information practical for Japanese Traders.”