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 Investment decision (JOI) to aid Zambia entice much more Japanese Expenditure in the nation.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese corporations, international financial investment marketing organizations and global corporations into a community that will gain Zambia as a result of the use and spread of info beneficial for Overseas Immediate Expenditure (FDI).

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

Ambassador Mutiti is optimistic that via the operationalization of the MoU a lot more Japanese firms will invest in the country’s several sectors.

“Zambia appreciates the amount of money of Japanese assist it has gained through Abroad Growth Help (ODA) but the place is now seeking to have the Japanese private sector enjoy a much more lively function and get into partnerships with the Zambian non-public sector, consequently the essential purpose of JOI,” she claimed.

And Mr Nakanishi mentioned he will get the job done difficult in helping Zambia draw in extra Japanese traders.

Mr Nakanishi said the MoU will outcome in JOI contributing to deepening the economic relations in between Zambia and Japan via facilitating sound and easy improvement of Japanese immediate financial commitment by conducting routines such as financial seminars, analysis and assessment of data practical for Japanese Traders.”