The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Abroad Expenditure (JOI) to assistance Zambia attract additional Japanese Financial investment in the nation.
The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese organizations, international financial commitment marketing businesses and worldwide corporations into a community that will advantage Zambia by way of the use and spread of data beneficial for Foreign Direct Financial commitment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Overseas Investment president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU more Japanese corporations will commit in the country’s numerous sectors.
“Zambia appreciates the sum of Japanese assistance it has received as a result of Abroad Growth Aid (ODA) but the country is now looking to have the Japanese personal sector play a much more lively job and get into partnerships with the Zambian private sector, consequently the important function of JOI,” she reported.
And Mr Nakanishi said he will do the job tough in helping Zambia bring in extra Japanese investors.
Mr Nakanishi reported the MoU will consequence in JOI contributing to deepening the financial relations concerning Zambia and Japan by way of facilitating seem and clean development of Japanese immediate investment decision by conducting pursuits these types of as financial seminars, exploration and examination of details beneficial for Japanese Investors.”