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 Financial investment (JOI) to support Zambia entice additional Japanese Expenditure in the nation.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese organizations, overseas investment advertising companies and international companies into a community that will benefit Zambia by means of the use and unfold of details practical for Foreign Direct Financial 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 by means of the operationalization of the MoU more Japanese providers will make investments in the country’s several sectors.

“Zambia appreciates the volume of Japanese assist it has gained via Overseas Development Assistance (ODA) but the country is now hunting to have the Japanese personal sector participate in a additional energetic job and get into partnerships with the Zambian private sector, therefore the vital part of JOI,” she stated.

And Mr Nakanishi reported he will operate tough in helping Zambia draw in a lot more Japanese buyers.

Mr Nakanishi claimed the MoU will consequence in JOI contributing to deepening the financial relations involving Zambia and Japan by facilitating seem and sleek enhancement of Japanese immediate investment by conducting things to do these as financial seminars, exploration and investigation of data useful for Japanese Buyers.”