May 27, 2022


Future Technology

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 commitment (JOI) to aid Zambia entice far more Japanese Financial investment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese companies, international investment promotion businesses and worldwide organizations into a network that will advantage Zambia via the use and spread of info practical for International Immediate Expenditure (FDI).

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

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

“Zambia appreciates the total of Japanese aid it has gained as a result of Abroad Enhancement Guidance (ODA) but the country is now looking to have the Japanese non-public sector perform a extra energetic role and get into partnerships with the Zambian non-public sector, as a result the crucial job of JOI,” she claimed.

And Mr Nakanishi said he will perform difficult in assisting Zambia entice far more Japanese buyers.

Mr Nakanishi mentioned the MoU will result in JOI contributing to deepening the economic relations involving Zambia and Japan by means of facilitating seem and sleek growth of Japanese direct investment decision by conducting actions these as financial seminars, investigate and examination of information and facts helpful for Japanese Investors.”