The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Investment (JOI) to help Zambia catch the attention of a lot more Japanese Investment in the state.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese organizations, foreign expense advertising businesses and global corporations into a network that will profit Zambia via the use and distribute of information and facts practical for Foreign Direct Financial commitment (FDI).

The MoU was signed by Zambia’s Ambassador to Japan, Ndiyoi Muliwana Mutiti and Japan Institute for Abroad Financial commitment president, Kohei Nakanishi.

Ambassador Mutiti is optimistic that by the operationalization of the MoU far more Japanese organizations will make investments in the country’s numerous sectors.

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“Zambia appreciates the volume of Japanese help it has acquired as a result of Abroad Advancement Assistance (ODA) but the region is now wanting to have the Japanese non-public sector participate in a more lively position and get into partnerships with the Zambian non-public sector, therefore the significant part of JOI,” she explained.

And Mr Nakanishi explained he will do the job tough in helping Zambia catch the attention of far more Japanese traders.

Mr Nakanishi claimed the MoU will result in JOI contributing to deepening the financial relations in between Zambia and Japan through facilitating sound and smooth advancement of Japanese immediate financial commitment by conducting pursuits these as financial seminars, research and analysis of data helpful for Japanese Traders.”