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 decision (JOI) to aid Zambia attract more Japanese Financial investment in the place.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese companies, foreign investment decision promotion businesses and worldwide businesses into a network that will advantage Zambia by the use and unfold of facts practical for Overseas Immediate Expenditure (FDI).

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

Ambassador Mutiti is optimistic that through the operationalization of the MoU more Japanese businesses will make investments in the country’s numerous sectors.

“Zambia appreciates the amount of money of Japanese assistance it has obtained by means of Abroad Enhancement Support (ODA) but the country is now on the lookout to have the Japanese private sector engage in a a lot more lively role and get into partnerships with the Zambian non-public sector, that’s why the important purpose of JOI,” she reported.

And Mr Nakanishi reported he will operate hard in assisting Zambia appeal to extra Japanese traders.

Mr Nakanishi stated the MoU will outcome in JOI contributing to deepening the economic relations concerning Zambia and Japan by means of facilitating sound and sleek development of Japanese direct expense by conducting routines such as economic seminars, research and investigation of info valuable for Japanese Traders.”