Zambia signs MoU to attract more Japanese investment

Harmony Cardenas

The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Overseas Financial investment (JOI) to help Zambia draw in extra Japanese Investment decision in the country.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese corporations, overseas investment decision advertising businesses and worldwide companies into a network that will benefit Zambia by the use and unfold of facts handy for International Direct 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 more Japanese providers will spend in the country’s several sectors.


“Zambia appreciates the sum of Japanese assistance it has received as a result of Abroad Enhancement Help (ODA) but the nation is now looking to have the Japanese private sector play a extra lively job and get into partnerships with the Zambian non-public sector, consequently the critical job of JOI,” she reported.

And Mr Nakanishi mentioned he will do the job hard in assisting Zambia catch the attention of a lot more Japanese investors.

Mr Nakanishi stated the MoU will consequence in JOI contributing to deepening the economic relations amongst Zambia and Japan as a result of facilitating seem and smooth improvement of Japanese direct expenditure by conducting functions this kind of as economic seminars, investigation and analysis of details handy for Japanese Investors.”

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