Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowing (MoU) with Japan Institute for Abroad Investment (JOI) to aid Zambia catch the attention of far more Japanese Financial commitment in the country.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese companies, overseas investment decision advertising companies and intercontinental companies into a network that will advantage Zambia via the use and distribute of info practical for International Direct 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 as a result of the operationalization of the MoU far more Japanese firms will devote in the country’s different sectors.

“Zambia appreciates the amount of money of Japanese support it has obtained through Abroad Progress Support (ODA) but the place is now hunting to have the Japanese non-public sector engage in a more active job and get into partnerships with the Zambian personal sector, therefore the vital position of JOI,” she claimed.

And Mr Nakanishi mentioned he will perform difficult in assisting Zambia attract a lot more Japanese buyers.

Mr Nakanishi stated the MoU will outcome in JOI contributing to deepening the financial relations among Zambia and Japan by means of facilitating sound and easy advancement of Japanese direct financial investment by conducting routines this sort of as financial seminars, investigation and examination of info valuable for Japanese Traders.”