May 20, 2022

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Zambia signs MoU to attract more Japanese investment

2 min read

The Embassy of Zambia in Japan has signed a Memorandum of Knowledge (MoU) with Japan Institute for Abroad Financial commitment (JOI) to support Zambia appeal to additional Japanese Expense in the place.

The MoU paves way for the Mission to be part of 36 Embassies, 193 Japanese companies, overseas expenditure advertising organizations and worldwide companies into a community that will reward Zambia as a result of the use and spread of info practical for Overseas Immediate Expense (FDI).

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

Ambassador Mutiti is optimistic that via the operationalization of the MoU a lot more Japanese businesses will commit in the country’s a variety of sectors.

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“Zambia appreciates the amount of money of Japanese assistance it has gained by Abroad Advancement Help (ODA) but the state is now searching to have the Japanese non-public sector engage in a extra lively purpose and get into partnerships with the Zambian personal sector, therefore the vital function of JOI,” she explained.

And Mr Nakanishi explained he will get the job done tough in helping Zambia entice more Japanese investors.

Mr Nakanishi explained the MoU will end result in JOI contributing to deepening the economic relations in between Zambia and Japan by way of facilitating seem and sleek enhancement of Japanese immediate expense by conducting pursuits these types of as economic seminars, exploration and assessment of information and facts handy for Japanese Buyers.”

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