The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Overseas Investment (JOI) to assistance Zambia entice far more Japanese Financial commitment in the state.
The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese businesses, overseas expense marketing agencies and intercontinental businesses into a network that will gain Zambia as a result of the use and distribute of facts valuable for Foreign Immediate Financial commitment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Overseas Financial commitment president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that by the operationalization of the MoU additional Japanese businesses will devote in the country’s numerous sectors.
“Zambia appreciates the total of Japanese help it has received via Overseas Development Guidance (ODA) but the country is now wanting to have the Japanese non-public sector perform a more energetic position and get into partnerships with the Zambian private sector, hence the critical part of JOI,” she reported.
And Mr Nakanishi said he will function challenging in aiding Zambia entice a lot more Japanese traders.
Mr Nakanishi reported the MoU will end result in JOI contributing to deepening the economic relations involving Zambia and Japan by facilitating seem and easy advancement of Japanese direct investment decision by conducting functions these types of as financial seminars, research and examination of information and facts beneficial for Japanese Investors.”