Zambia signs MoU to attract more Japanese investment

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The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Abroad Expenditure (JOI) to help Zambia appeal to much more Japanese Financial commitment in the region.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese companies, foreign financial commitment promotion agencies and intercontinental businesses into a community that will profit Zambia via the use and unfold of data valuable for Foreign Immediate Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that via the operationalization of the MoU much more Japanese firms will commit in the country’s numerous sectors.

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“Zambia appreciates the total of Japanese guidance it has obtained by way of Abroad Development Support (ODA) but the place is now wanting to have the Japanese non-public sector engage in a much more energetic role and get into partnerships with the Zambian non-public sector, as a result the important position of JOI,” she claimed.

And Mr Nakanishi stated he will function difficult in helping Zambia draw in extra Japanese buyers.

Mr Nakanishi stated the MoU will result in JOI contributing to deepening the economic relations among Zambia and Japan by way of facilitating audio and easy advancement of Japanese immediate investment by conducting functions these kinds of as financial seminars, investigation and evaluation of details beneficial for Japanese Buyers.”

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