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 Expenditure (JOI) to assist Zambia appeal to a lot more Japanese Expenditure in the region.
The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese companies, international investment decision marketing agencies and worldwide organizations into a network that will advantage Zambia as a result of the use and spread of information handy for International Direct 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 by means of the operationalization of the MoU additional Japanese organizations will make investments in the country’s numerous sectors.
“Zambia appreciates the total of Japanese assistance it has received by Abroad Development Support (ODA) but the place is now looking to have the Japanese non-public sector play a more active function and get into partnerships with the Zambian private sector, that’s why the critical part of JOI,” she explained.
And Mr Nakanishi stated he will operate tricky in assisting Zambia attract extra Japanese traders.
Mr Nakanishi mentioned the MoU will final result in JOI contributing to deepening the economic relations in between Zambia and Japan by way of facilitating sound and smooth enhancement of Japanese immediate financial commitment by conducting routines these types of as economic seminars, investigate and assessment of info beneficial for Japanese Buyers.”