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 Abroad Investment (JOI) to help Zambia draw in additional Japanese Expense in the region.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese providers, foreign financial investment advertising agencies and global corporations into a community that will advantage Zambia by the use and unfold of info beneficial for Foreign Direct 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 way of the operationalization of the MoU additional Japanese businesses will make investments in the country’s a variety of sectors.

“Zambia appreciates the quantity of Japanese guidance it has gained by way of Abroad Development Guidance (ODA) but the place is now hunting to have the Japanese personal sector engage in a more active purpose and get into partnerships with the Zambian private sector, that’s why the essential role of JOI,” she explained.

And Mr Nakanishi stated he will perform tough in helping Zambia appeal to far more Japanese buyers.

Mr Nakanishi mentioned the MoU will end result in JOI contributing to deepening the economic relations in between Zambia and Japan by way of facilitating seem and smooth development of Japanese immediate investment decision by conducting routines this kind of as economic seminars, research and examination of facts handy for Japanese Investors.”