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 commitment (JOI) to enable Zambia catch the attention of far more Japanese Investment decision in the country.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese firms, international investment marketing organizations and worldwide organizations into a network that will reward Zambia via the use and distribute of information and facts valuable for International Immediate Investment (FDI).

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

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

“Zambia appreciates the total of Japanese assistance it has gained through Abroad Improvement Aid (ODA) but the country is now seeking to have the Japanese non-public sector participate in a a lot more lively position and get into partnerships with the Zambian private sector, hence the significant purpose of JOI,” she stated.

And Mr Nakanishi mentioned he will work challenging in aiding Zambia bring in more Japanese traders.

Mr Nakanishi said the MoU will consequence in JOI contributing to deepening the economic relations involving Zambia and Japan by means of facilitating audio and clean growth of Japanese immediate financial commitment by conducting routines this sort of as economic seminars, study and investigation of details helpful for Japanese Investors.”