Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Abroad Expenditure (JOI) to assistance Zambia draw in much more Japanese Financial investment in the country.

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese providers, foreign expense advertising businesses and global corporations into a network that will profit Zambia via the use and unfold of details useful for Overseas Immediate Investment decision (FDI).

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

Ambassador Mutiti is optimistic that as a result of the operationalization of the MoU more Japanese businesses will devote in the country’s a variety of sectors.

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“Zambia appreciates the total of Japanese help it has acquired by way of Abroad Progress Help (ODA) but the state is now wanting to have the Japanese private sector participate in a extra active function and get into partnerships with the Zambian personal sector, therefore the critical role of JOI,” she said.

And Mr Nakanishi claimed he will operate hard in aiding Zambia draw in much more Japanese investors.

Mr Nakanishi said the MoU will consequence in JOI contributing to deepening the financial relations between Zambia and Japan by facilitating seem and easy improvement of Japanese direct expenditure by conducting actions these as financial seminars, exploration and investigation of data valuable for Japanese Investors.”

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