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 Overseas Financial investment (JOI) to enable Zambia appeal to a lot more Japanese Financial investment in the region.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese organizations, foreign expenditure marketing agencies and intercontinental businesses into a network that will profit Zambia by way of the use and distribute of data handy for International Immediate Financial commitment (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 via the operationalization of the MoU more Japanese providers will commit in the country’s several sectors.

“Zambia appreciates the amount of money of Japanese assist it has been given via Abroad Progress Aid (ODA) but the state is now wanting to have the Japanese non-public sector play a additional energetic role and get into partnerships with the Zambian non-public sector, therefore the significant part of JOI,” she stated.

And Mr Nakanishi reported he will perform challenging in helping Zambia attract additional Japanese buyers.

Mr Nakanishi explained the MoU will final result in JOI contributing to deepening the economic relations among Zambia and Japan by facilitating seem and clean enhancement of Japanese immediate financial commitment by conducting pursuits this sort of as financial seminars, research and evaluation of facts beneficial for Japanese Investors.”