June 26, 2022

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Zambia signs MoU to attract more Japanese investment

The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Abroad Investment (JOI) to assistance Zambia catch the attention of a lot more Japanese Financial commitment in the nation.

The MoU paves way for the Mission to be a part of 36 Embassies, 193 Japanese companies, international expense advertising organizations and worldwide businesses into a network that will benefit Zambia by means of the use and unfold of information and facts helpful for Overseas Direct Investment decision (FDI).

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

Ambassador Mutiti is optimistic that by means of the operationalization of the MoU additional Japanese corporations will devote in the country’s different sectors.

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“Zambia appreciates the total of Japanese support it has acquired via Overseas Development Aid (ODA) but the country is now hunting to have the Japanese personal sector perform a far more lively function and get into partnerships with the Zambian personal sector, hence the essential part of JOI,” she claimed.

And Mr Nakanishi mentioned he will get the job done really hard in helping Zambia bring in more Japanese traders.

Mr Nakanishi explained the MoU will result in JOI contributing to deepening the financial relations among Zambia and Japan via facilitating sound and sleek advancement of Japanese immediate expense by conducting activities this kind of as economic seminars, analysis and analysis of information useful for Japanese Buyers.”

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