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 Overseas Financial investment (JOI) to help Zambia entice extra Japanese Investment decision in the nation.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese businesses, international expenditure promotion businesses and global businesses into a network that will gain Zambia by the use and spread of info practical for Foreign Direct Investment decision (FDI).

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

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

“Zambia appreciates the quantity of Japanese support it has obtained as a result of Overseas Development Aid (ODA) but the state is now on the lookout to have the Japanese personal sector enjoy a more energetic purpose and get into partnerships with the Zambian personal sector, as a result the critical position of JOI,” she reported.

And Mr Nakanishi claimed he will function difficult in aiding Zambia attract a lot more Japanese traders.

Mr Nakanishi claimed the MoU will consequence in JOI contributing to deepening the financial relations among Zambia and Japan through facilitating sound and sleek progress of Japanese direct financial commitment by conducting functions these kinds of as economic seminars, exploration and analysis of details useful for Japanese Traders.”