
The Embassy of Zambia in Japan has signed a Memorandum of Comprehension (MoU) with Japan Institute for Overseas Expense (JOI) to assistance Zambia bring in far more Japanese Expenditure in the state.
The MoU paves way for the Mission to join 36 Embassies, 193 Japanese businesses, foreign investment promotion agencies and global businesses into a network that will gain Zambia by means of the use and spread of info valuable 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 through the operationalization of the MoU additional Japanese businesses will devote in the country’s various sectors.
“Zambia appreciates the amount of money of Japanese aid it has been given by way of Overseas Progress Aid (ODA) but the country is now hunting to have the Japanese personal sector perform a far more active position and get into partnerships with the Zambian non-public sector, hence the vital part of JOI,” she stated.
And Mr Nakanishi reported he will get the job done difficult in aiding Zambia draw in much more Japanese buyers.
Mr Nakanishi reported the MoU will result in JOI contributing to deepening the financial relations among Zambia and Japan by way of facilitating audio and easy development of Japanese direct investment by conducting activities this sort of as financial seminars, research and investigation of information practical for Japanese Investors.”
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