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 investment (JOI) to support Zambia entice much more Japanese Financial commitment in the nation.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese companies, overseas financial investment marketing organizations and worldwide corporations into a network that will benefit Zambia by means of the use and distribute of information beneficial for Overseas Immediate Investment (FDI).

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

Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU a lot more Japanese providers will devote in the country’s numerous sectors.

“Zambia appreciates the total of Japanese help it has received via Overseas Development Help (ODA) but the region is now on the lookout to have the Japanese personal sector perform a additional energetic job and get into partnerships with the Zambian private sector, as a result the important part of JOI,” she claimed.

And Mr Nakanishi said he will work really hard in assisting Zambia appeal to additional Japanese investors.

Mr Nakanishi said the MoU will final result in JOI contributing to deepening the financial relations involving Zambia and Japan by facilitating seem and easy advancement of Japanese immediate financial investment by conducting functions this sort of as financial seminars, exploration and analysis of data beneficial for Japanese Investors.”