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 Financial commitment (JOI) to help Zambia bring in additional Japanese Financial commitment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese businesses, international expenditure advertising companies and intercontinental organizations into a network that will advantage Zambia by way of the use and distribute of info valuable for Foreign Immediate Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that by way of the operationalization of the MoU a lot more Japanese firms will spend in the country’s different sectors.

“Zambia appreciates the total of Japanese assistance it has obtained by means of Overseas Improvement Support (ODA) but the place is now wanting to have the Japanese personal sector play a much more lively purpose and get into partnerships with the Zambian private sector, therefore the significant position of JOI,” she mentioned.

And Mr Nakanishi reported he will do the job difficult in assisting Zambia appeal to additional Japanese traders.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the economic relations among Zambia and Japan through facilitating audio and sleek enhancement of Japanese immediate investment decision by conducting routines this sort of as economic seminars, investigation and analysis of information valuable for Japanese Investors.”

Sharon Eva

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