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The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Abroad Financial investment (JOI) to assist Zambia attract more Japanese Investment decision in the nation.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese organizations, foreign financial investment marketing organizations and international businesses into a network that will profit Zambia through the use and unfold of information and facts useful for International Direct Financial commitment (FDI).

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

Ambassador Mutiti is optimistic that by means of the operationalization of the MoU a lot more Japanese providers will devote in the country’s several sectors.

“Zambia appreciates the amount of Japanese guidance it has gained as a result of Abroad Development Help (ODA) but the region is now looking to have the Japanese private sector participate in a a lot more lively job and get into partnerships with the Zambian non-public sector, as a result the crucial part of JOI,” she claimed.

And Mr Nakanishi explained he will do the job tough in aiding Zambia bring in extra Japanese traders.

Mr Nakanishi reported the MoU will outcome in JOI contributing to deepening the economic relations among Zambia and Japan through facilitating seem and clean progress of Japanese immediate expenditure by conducting pursuits this kind of as economic seminars, research and evaluation of info practical for Japanese Traders.”

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