August 12, 2022

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Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Overseas Investment decision (JOI) to assist Zambia catch the attention of more Japanese Financial investment in the state.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese businesses, foreign investment decision marketing agencies and global organizations into a community that will benefit Zambia by way of the use and spread of info valuable for International Immediate Investment (FDI).

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

Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU a lot more Japanese companies will invest in the country’s various sectors.

“Zambia appreciates the sum of Japanese aid it has gained by means of Abroad Improvement Aid (ODA) but the nation is now wanting to have the Japanese private sector participate in a extra energetic part and get into partnerships with the Zambian non-public sector, hence the essential role of JOI,” she mentioned.

And Mr Nakanishi mentioned he will operate really hard in helping Zambia entice additional Japanese traders.

Mr Nakanishi claimed the MoU will outcome in JOI contributing to deepening the financial relations concerning Zambia and Japan by means of facilitating audio and clean advancement of Japanese immediate financial investment by conducting functions such as financial seminars, investigate and evaluation of details practical for Japanese Traders.”