The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Expenditure (JOI) to help Zambia draw in extra Japanese Financial investment in the place.
The MoU paves way for the Mission to join 36 Embassies, 193 Japanese companies, international investment marketing businesses and international businesses into a community that will advantage Zambia by the use and unfold of data practical for Overseas Direct Investment (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 by means of the operationalization of the MoU additional Japanese corporations will invest in the country’s several sectors.
“Zambia appreciates the volume of Japanese assistance it has received by way of Overseas Development Assistance (ODA) but the place is now wanting to have the Japanese private sector enjoy a a lot more energetic part and get into partnerships with the Zambian private sector, as a result the crucial job of JOI,” she claimed.
And Mr Nakanishi mentioned he will function tough in aiding Zambia draw in more Japanese buyers.
Mr Nakanishi reported the MoU will end result in JOI contributing to deepening the economic relations in between Zambia and Japan by way of facilitating audio and easy progress of Japanese immediate financial investment by conducting activities this sort of as financial seminars, analysis and examination of information useful for Japanese Traders.”