Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowing (MoU) with Japan Institute for Overseas Investment (JOI) to aid Zambia attract extra Japanese Investment in the region.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese providers, international expenditure promotion businesses and intercontinental companies into a network that will advantage Zambia by means of the use and spread of details handy for Foreign Direct Investment (FDI).

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

Ambassador Mutiti is optimistic that via the operationalization of the MoU much more Japanese organizations will make investments in the country’s a variety of sectors.

“Zambia appreciates the volume of Japanese assist it has gained through Abroad Advancement Support (ODA) but the state is now looking to have the Japanese private sector engage in a extra active part and get into partnerships with the Zambian non-public sector, therefore the vital purpose of JOI,” she said.

And Mr Nakanishi explained he will work really hard in helping Zambia draw in much more Japanese investors.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the financial relations among Zambia and Japan as a result of facilitating audio and easy enhancement of Japanese direct financial investment by conducting actions these as financial seminars, investigation and examination of information handy for Japanese Buyers.”