June 21, 2024

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Zambia signs MoU to attract more Japanese investment

1 min read

The Embassy of Zambia in Japan has signed a Memorandum of Knowledge (MoU) with Japan Institute for Abroad Expenditure (JOI) to assist Zambia bring in much more Japanese Investment decision in the nation.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese businesses, overseas expenditure promotion companies and worldwide businesses into a network that will benefit Zambia as a result of the use and spread of data beneficial for Foreign Immediate Financial commitment (FDI).

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

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

“Zambia appreciates the sum of Japanese assist it has acquired by means of Overseas Advancement Assistance (ODA) but the state is now looking to have the Japanese personal sector engage in a much more active purpose and get into partnerships with the Zambian non-public sector, for this reason the significant job of JOI,” she said.

And Mr Nakanishi explained he will perform difficult in assisting Zambia draw in much more Japanese investors.

Mr Nakanishi mentioned the MoU will outcome in JOI contributing to deepening the economic relations among Zambia and Japan by facilitating seem and smooth improvement of Japanese immediate investment decision by conducting actions these as economic seminars, research and examination of info valuable for Japanese Buyers.”

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