Zambia signs MoU to attract more Japanese investment

ByAlyssa R. Elliott

Apr 3, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Embassy of Zambia in Japan has signed a Memorandum of Knowing (MoU) with Japan Institute for Abroad Financial commitment (JOI) to support Zambia appeal to far more Japanese Financial commitment in the state.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese organizations, overseas investment marketing agencies and international businesses into a community that will advantage Zambia by the use and spread of facts useful for Overseas Immediate Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that through the operationalization of the MoU far more Japanese businesses will make investments in the country’s various sectors.

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“Zambia appreciates the quantity of Japanese support it has been given by means of Overseas Development Assistance (ODA) but the region is now on the lookout to have the Japanese personal sector engage in a much more active function and get into partnerships with the Zambian private sector, hence the crucial function of JOI,” she mentioned.

And Mr Nakanishi said he will work tricky in helping Zambia bring in far more Japanese buyers.

Mr Nakanishi explained the MoU will outcome in JOI contributing to deepening the financial relations between Zambia and Japan by facilitating sound and easy advancement of Japanese immediate investment by conducting routines this sort of as financial seminars, investigation and assessment of information useful for Japanese Traders.”

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