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 Expense (JOI) to help Zambia entice extra Japanese Financial investment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese providers, international expenditure marketing businesses and international businesses into a network that will benefit Zambia through the use and unfold of details helpful 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 via the operationalization of the MoU extra Japanese corporations will spend in the country’s several sectors.

“Zambia appreciates the sum of Japanese support it has acquired by means of Abroad Enhancement Support (ODA) but the state is now looking to have the Japanese private sector perform a a lot more energetic function and get into partnerships with the Zambian private sector, as a result the vital purpose of JOI,” she explained.

And Mr Nakanishi stated he will operate difficult in helping Zambia entice far more Japanese buyers.

Mr Nakanishi claimed the MoU will consequence in JOI contributing to deepening the financial relations between Zambia and Japan through facilitating audio and smooth development of Japanese immediate investment decision by conducting actions these kinds of as economic seminars, research and assessment of info practical for Japanese Investors.”