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Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Investment (JOI) to help Zambia catch the attention of more Japanese Investment in the region.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese providers, international investment decision advertising companies and intercontinental corporations into a community that will advantage Zambia through the use and spread of information valuable for Overseas Immediate 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 through the operationalization of the MoU more Japanese organizations will invest in the country’s many sectors.

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“Zambia appreciates the quantity of Japanese assistance it has obtained through Overseas Advancement Help (ODA) but the region is now searching to have the Japanese private sector perform a additional active function and get into partnerships with the Zambian non-public sector, consequently the essential function of JOI,” she mentioned.

And Mr Nakanishi claimed he will do the job difficult in assisting Zambia appeal to additional Japanese investors.

Mr Nakanishi reported the MoU will consequence in JOI contributing to deepening the economic relations involving Zambia and Japan as a result of facilitating seem and easy development of Japanese immediate expenditure by conducting functions such as financial seminars, exploration and examination of data handy for Japanese Investors.”