Zambia signs MoU to attract more Japanese investment

Barbie Espinol

The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Overseas Financial investment (JOI) to aid Zambia catch the attention of much more Japanese Expense in the nation.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese firms, overseas financial investment marketing organizations and intercontinental corporations into a community that will profit Zambia as a result of the use and spread of information and facts helpful for Foreign Direct Expense (FDI).

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

Ambassador Mutiti is optimistic that by the operationalization of the MoU extra Japanese firms will invest in the country’s various sectors.


“Zambia appreciates the amount of money of Japanese aid it has gained by Overseas Development Support (ODA) but the region is now looking to have the Japanese non-public sector perform a additional active position and get into partnerships with the Zambian personal sector, as a result the crucial part of JOI,” she mentioned.

And Mr Nakanishi mentioned he will function challenging in aiding Zambia appeal to far more Japanese buyers.

Mr Nakanishi stated the MoU will end result in JOI contributing to deepening the financial relations between Zambia and Japan by way of facilitating sound and clean advancement of Japanese direct financial investment by conducting things to do these kinds of as financial seminars, exploration and assessment of information beneficial for Japanese Traders.”


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