Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Overseas Expenditure (JOI) to enable Zambia attract more Japanese Expenditure in the nation.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese providers, overseas financial investment marketing companies and intercontinental organizations into a community that will gain Zambia as a result of the use and unfold of info helpful for Overseas Immediate Investment decision (FDI).

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

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

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“Zambia appreciates the amount of Japanese assist it has acquired by means of Abroad Advancement Help (ODA) but the state is now seeking to have the Japanese personal sector engage in a far more lively part and get into partnerships with the Zambian non-public sector, consequently the important purpose of JOI,” she mentioned.

And Mr Nakanishi stated he will function tricky in assisting Zambia appeal to additional Japanese investors.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the financial relations among Zambia and Japan as a result of facilitating sound and easy growth of Japanese immediate expense by conducting activities these as economic seminars, investigation and assessment of facts valuable for Japanese Buyers.”

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