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 Investment decision (JOI) to help Zambia bring in much more Japanese Investment decision in the region.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese firms, foreign financial commitment marketing agencies and intercontinental organizations into a network that will gain Zambia by means of the use and spread of information and facts handy for International Immediate Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that by the operationalization of the MoU additional Japanese providers will spend in the country’s different sectors.

“Zambia appreciates the amount of Japanese assistance it has been given by way of Overseas Advancement Support (ODA) but the region is now hunting to have the Japanese personal sector engage in a additional active job and get into partnerships with the Zambian personal sector, consequently the critical part of JOI,” she reported.

And Mr Nakanishi reported he will operate tricky in aiding Zambia appeal to more Japanese buyers.

Mr Nakanishi said the MoU will outcome in JOI contributing to deepening the economic relations among Zambia and Japan by means of facilitating sound and clean advancement of Japanese direct financial investment by conducting functions these as economic seminars, investigation and investigation of facts practical for Japanese Investors.”