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 Expense (JOI) to assistance Zambia catch the attention of extra Japanese Investment in the place.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese providers, foreign expense advertising businesses and intercontinental organizations into a network that will benefit Zambia by way of the use and distribute of information helpful for Foreign Immediate Investment decision (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 by the operationalization of the MoU far more Japanese organizations will devote in the country’s numerous sectors.

“Zambia appreciates the volume of Japanese help it has obtained by means of Abroad Advancement Aid (ODA) but the state is now on the lookout to have the Japanese personal sector participate in a additional active role and get into partnerships with the Zambian private sector, for this reason the significant part of JOI,” she said.

And Mr Nakanishi reported he will do the job tough in assisting Zambia catch the attention of additional Japanese investors.

Mr Nakanishi reported the MoU will end result in JOI contributing to deepening the financial relations amongst Zambia and Japan by facilitating seem and easy development of Japanese direct expense by conducting activities this kind of as financial seminars, investigation and assessment of details practical for Japanese Investors.”