The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Abroad Financial commitment (JOI) to assistance Zambia appeal to extra Japanese Investment decision in the place.
The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese firms, foreign investment decision promotion businesses and global companies into a community that will reward Zambia by way of the use and unfold of information practical for Overseas Direct Financial investment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Overseas Expenditure president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that by way of the operationalization of the MoU much more Japanese firms will make investments in the country’s different sectors.
“Zambia appreciates the volume of Japanese aid it has obtained by way of Overseas Improvement Aid (ODA) but the place is now looking to have the Japanese non-public sector engage in a extra lively role and get into partnerships with the Zambian personal sector, therefore the vital role of JOI,” she claimed.
And Mr Nakanishi reported he will work tricky in helping Zambia entice more Japanese investors.
Mr Nakanishi said the MoU will end result in JOI contributing to deepening the economic relations concerning Zambia and Japan by facilitating seem and smooth improvement of Japanese direct investment by conducting activities these as economic seminars, research and investigation of data useful for Japanese Traders.”