Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowing (MoU) with Japan Institute for Overseas Financial commitment (JOI) to assist 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 investment marketing organizations and global organizations into a community that will profit Zambia as a result of the use and distribute of information and facts handy for Overseas Immediate Financial investment (FDI).

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

Ambassador Mutiti is optimistic that via the operationalization of the MoU far more Japanese providers will devote in the country’s various sectors.

“Zambia appreciates the amount of Japanese assistance it has acquired through Overseas Development Guidance (ODA) but the nation is now wanting to have the Japanese personal sector play a much more lively function and get into partnerships with the Zambian personal sector, for this reason the crucial position of JOI,” she mentioned.

And Mr Nakanishi claimed he will work really hard in assisting Zambia attract additional Japanese investors.

Mr Nakanishi reported the MoU will outcome in JOI contributing to deepening the financial relations in between Zambia and Japan by way of facilitating audio and smooth improvement of Japanese direct expense by conducting things to do this sort of as economic seminars, investigate and analysis of data beneficial for Japanese Investors.”