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 Overseas Investment (JOI) to aid Zambia bring in much more Japanese Financial commitment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese companies, overseas expenditure marketing organizations and intercontinental businesses into a network that will benefit Zambia by means of the use and unfold of details useful for International Direct Investment (FDI).

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

Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU more Japanese companies will commit in the country’s a variety of sectors.

“Zambia appreciates the sum of Japanese assistance it has been given by Abroad Development Help (ODA) but the place is now searching to have the Japanese personal sector enjoy a additional energetic job and get into partnerships with the Zambian private sector, therefore the critical part of JOI,” she explained.

And Mr Nakanishi claimed he will work tough in helping Zambia bring in additional Japanese investors.

Mr Nakanishi stated the MoU will result in JOI contributing to deepening the economic relations in between Zambia and Japan via facilitating audio and easy enhancement of Japanese immediate investment decision by conducting actions this kind of as financial seminars, investigate and examination of facts valuable for Japanese Investors.”