The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Abroad Financial investment (JOI) to support Zambia appeal to far more Japanese Investment in the region.
The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese providers, international expense promotion organizations and international businesses into a network that will profit Zambia by means of the use and distribute of facts practical for Overseas Direct Investment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Abroad Investment president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that via the operationalization of the MoU a lot more Japanese corporations will devote in the country’s several sectors.
“Zambia appreciates the amount of Japanese aid it has acquired by Overseas Growth Aid (ODA) but the place is now looking to have the Japanese non-public sector play a extra lively part and get into partnerships with the Zambian non-public sector, that’s why the essential position of JOI,” she claimed.
And Mr Nakanishi explained he will get the job done hard in aiding Zambia entice extra Japanese traders.
Mr Nakanishi said the MoU will outcome in JOI contributing to deepening the financial relations involving Zambia and Japan via facilitating seem and clean development of Japanese immediate investment by conducting pursuits this kind of as economic seminars, analysis and examination of facts helpful for Japanese Buyers.”