February 22, 2024

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Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehending (MoU) with Japan Institute for Abroad Expense (JOI) to assist Zambia attract extra Japanese Financial commitment in the state.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese businesses, international expenditure marketing companies and international businesses into a community that will benefit Zambia through the use and unfold of data valuable for International Immediate Expense (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 through the operationalization of the MoU a lot more Japanese companies will make investments in the country’s numerous sectors.

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“Zambia appreciates the volume of Japanese help it has obtained via Overseas Advancement Help (ODA) but the nation is now seeking to have the Japanese personal sector participate in a a lot more active job and get into partnerships with the Zambian private sector, therefore the critical purpose of JOI,” she reported.

And Mr Nakanishi said he will work really hard in aiding Zambia entice much more Japanese buyers.

Mr Nakanishi reported the MoU will result in JOI contributing to deepening the financial relations in between Zambia and Japan by facilitating audio and clean progress of Japanese immediate investment by conducting activities these kinds of as economic seminars, exploration and evaluation of information and facts helpful for Japanese Traders.”

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