Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Being familiar with (MoU) with Japan Institute for Abroad Investment decision (JOI) to aid Zambia bring in far more Japanese Expense in the region.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese companies, overseas investment advertising agencies and intercontinental businesses into a network that will gain Zambia as a result of the use and unfold of info handy for Foreign Immediate Financial investment (FDI).

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

Ambassador Mutiti is optimistic that through the operationalization of the MoU a lot more Japanese organizations will invest in the country’s various sectors.

“Zambia appreciates the total of Japanese aid it has acquired by Overseas Enhancement Assistance (ODA) but the nation is now looking to have the Japanese private sector perform a more active role and get into partnerships with the Zambian non-public sector, therefore the vital position of JOI,” she reported.

And Mr Nakanishi claimed he will work difficult in aiding Zambia appeal to a lot more Japanese buyers.

Mr Nakanishi explained the MoU will outcome in JOI contributing to deepening the economic relations among Zambia and Japan by means of facilitating sound and easy development of Japanese immediate expense by conducting activities these types of as economic seminars, investigation and evaluation of info useful for Japanese Traders.”