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 Overseas Investment decision (JOI) to help Zambia bring in a lot more Japanese Financial commitment in the nation.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese organizations, international expenditure marketing agencies and international organizations into a community that will gain Zambia by means of the use and distribute of information and facts useful for Foreign Direct Financial investment (FDI).

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

Ambassador Mutiti is optimistic that through the operationalization of the MoU more Japanese providers will invest in the country’s different sectors.

“Zambia appreciates the amount of Japanese assistance it has been given by Overseas Growth Guidance (ODA) but the country is now hunting to have the Japanese private sector enjoy a far more lively position and get into partnerships with the Zambian non-public sector, for this reason the essential purpose of JOI,” she stated.

And Mr Nakanishi said he will work challenging in helping Zambia appeal to additional Japanese investors.

Mr Nakanishi explained the MoU will outcome in JOI contributing to deepening the financial relations in between Zambia and Japan by way of facilitating seem and sleek development of Japanese immediate financial investment by conducting functions these types of as financial seminars, investigation and evaluation of info useful for Japanese Investors.”