The Embassy of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Expense (JOI) to help Zambia appeal to more Japanese Expense in the place.

The MoU paves way for the Mission to sign up for 36 Embassies, 193 Japanese businesses, foreign investment decision advertising companies and international businesses into a network that will benefit Zambia through the use and unfold of information handy for Overseas Immediate Expenditure (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 as a result of the operationalization of the MoU more Japanese corporations will invest in the country’s various sectors.

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“Zambia appreciates the sum of Japanese support it has been given by means of Overseas Advancement Help (ODA) but the state is now looking to have the Japanese personal sector participate in a much more lively position and get into partnerships with the Zambian personal sector, as a result the critical function of JOI,” she mentioned.

And Mr Nakanishi claimed he will get the job done really hard in assisting Zambia catch the attention of much more Japanese traders.

Mr Nakanishi mentioned the MoU will end result in JOI contributing to deepening the economic relations in between Zambia and Japan by facilitating seem and sleek progress of Japanese direct investment decision by conducting things to do this kind of as financial seminars, analysis and evaluation of details helpful for Japanese Traders.”

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By Bethann