Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowledge (MoU) with Japan Institute for Overseas Financial commitment (JOI) to assist Zambia entice more Japanese Investment in the region.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese firms, international financial investment advertising companies and worldwide corporations into a community that will advantage Zambia via the use and distribute of details handy for Overseas Immediate Financial commitment (FDI).

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

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

“Zambia appreciates the volume of Japanese help it has received through Abroad Advancement Support (ODA) but the region is now seeking to have the Japanese private sector engage in a much more energetic purpose and get into partnerships with the Zambian non-public sector, that’s why the vital function of JOI,” she reported.

And Mr Nakanishi claimed he will function really hard in aiding Zambia attract 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 through facilitating sound and easy enhancement of Japanese immediate expenditure by conducting activities such as economic seminars, exploration and evaluation of information beneficial for Japanese Investors.”