Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Overseas Investment (JOI) to enable Zambia appeal to additional Japanese Expenditure in the place.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese companies, overseas financial investment marketing companies and global organizations into a network that will gain Zambia by the use and unfold of details valuable for Foreign Immediate Investment decision (FDI).

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

Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU more Japanese companies will make investments in the country’s different sectors.

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“Zambia appreciates the total of Japanese guidance it has obtained through Overseas Development Aid (ODA) but the nation is now wanting to have the Japanese private sector participate in a much more lively job and get into partnerships with the Zambian personal sector, consequently the essential role of JOI,” she said.

And Mr Nakanishi stated he will function tricky in helping Zambia attract more Japanese buyers.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the economic relations in between Zambia and Japan through facilitating sound and easy progress of Japanese immediate expenditure by conducting pursuits these kinds of as financial seminars, analysis and evaluation of facts beneficial for Japanese Investors.”