The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Expenditure (JOI) to help Zambia entice much more Japanese Investment in the state.
The MoU paves way for the Mission to join 36 Embassies, 193 Japanese corporations, international expenditure marketing companies and worldwide organizations into a community that will gain Zambia by means of the use and distribute of facts helpful for Foreign Direct Financial investment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Abroad Expense president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that by way of the operationalization of the MoU more Japanese companies will invest in the country’s various sectors.
“Zambia appreciates the total of Japanese assist it has received by Overseas Progress Support (ODA) but the nation is now looking to have the Japanese private sector enjoy a extra energetic job and get into partnerships with the Zambian personal sector, that’s why the important purpose of JOI,” she reported.
And Mr Nakanishi mentioned he will get the job done tricky in aiding Zambia draw in more Japanese traders.
Mr Nakanishi stated the MoU will end result in JOI contributing to deepening the economic relations amongst Zambia and Japan by means of facilitating sound and sleek development of Japanese direct financial commitment by conducting pursuits such as economic seminars, investigation and evaluation of details valuable for Japanese Buyers.”