The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Financial investment (JOI) to support Zambia entice much more Japanese Financial commitment in the place.
The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese organizations, international financial investment promotion businesses and worldwide businesses into a network that will gain Zambia by the use and spread of info beneficial for Overseas Direct Financial investment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Overseas Financial investment president, Kohei Nakanishi.
Ambassador Mutiti is optimistic that via the operationalization of the MoU more Japanese organizations will invest in the country’s numerous sectors.
“Zambia appreciates the volume of Japanese assistance it has acquired through Abroad Growth Guidance (ODA) but the place is now seeking to have the Japanese personal sector engage in a far more lively part and get into partnerships with the Zambian non-public sector, therefore the critical position of JOI,” she claimed.
And Mr Nakanishi claimed he will get the job done tricky in helping Zambia draw in extra Japanese buyers.
Mr Nakanishi explained the MoU will consequence in JOI contributing to deepening the economic relations amongst Zambia and Japan as a result of facilitating audio and smooth progress of Japanese direct financial commitment by conducting functions these kinds of as economic seminars, study and examination of information and facts handy for Japanese Traders.”