Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Knowledge (MoU) with Japan Institute for Overseas Investment (JOI) to aid Zambia entice extra Japanese Investment decision in the nation.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese corporations, international financial investment promotion agencies and intercontinental organizations into a network that will profit Zambia as a result of the use and spread of data handy for Foreign Immediate Expense (FDI).

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

Ambassador Mutiti is optimistic that by the operationalization of the MoU a lot more Japanese corporations will make investments in the country’s different sectors.

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“Zambia appreciates the volume of Japanese guidance it has received as a result of Abroad Development Assistance (ODA) but the region is now hunting to have the Japanese non-public sector enjoy a a lot more lively position and get into partnerships with the Zambian personal sector, as a result the essential job of JOI,” she mentioned.

And Mr Nakanishi mentioned he will work tricky in helping Zambia catch the attention of more Japanese buyers.

Mr Nakanishi reported the MoU will result in JOI contributing to deepening the economic relations among Zambia and Japan as a result of facilitating seem and smooth development of Japanese immediate financial commitment by conducting routines this sort of as financial seminars, study and evaluation of information helpful for Japanese Buyers.”

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