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 Abroad Investment (JOI) to enable Zambia bring in much more Japanese Investment decision in the place.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese businesses, foreign expense promotion businesses and international corporations into a network that will profit Zambia as a result of the use and distribute of data useful for International Immediate Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that by means of the operationalization of the MoU more Japanese providers will invest in the country’s various sectors.

“Zambia appreciates the total of Japanese guidance it has been given by Abroad Progress Support (ODA) but the state is now seeking to have the Japanese private sector play a additional active purpose and get into partnerships with the Zambian non-public sector, as a result the crucial job of JOI,” she reported.

And Mr Nakanishi explained he will do the job difficult in aiding Zambia bring in extra Japanese traders.

Mr Nakanishi reported the MoU will consequence in JOI contributing to deepening the economic relations between Zambia and Japan by means of facilitating audio and easy enhancement of Japanese immediate expense by conducting functions this kind of as financial seminars, research and examination of facts useful for Japanese Buyers.”