June 5, 2023

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Zambia signs MoU to attract more Japanese investment

2 min read
Zambia signs MoU to attract more Japanese investment

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

The MoU paves way for the Mission to join 36 Embassies, 193 Japanese businesses, overseas financial commitment advertising agencies and intercontinental businesses into a network that will profit Zambia by the use and distribute of information valuable for Overseas Direct Financial commitment (FDI).

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

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


“Zambia appreciates the sum of Japanese support it has been given by means of Abroad Improvement Aid (ODA) but the state is now seeking to have the Japanese non-public sector participate in a additional energetic function and get into partnerships with the Zambian personal sector, therefore the important position of JOI,” she mentioned.

And Mr Nakanishi reported he will function challenging in assisting Zambia catch the attention of extra Japanese investors.

Mr Nakanishi mentioned the MoU will outcome in JOI contributing to deepening the financial relations among Zambia and Japan by way of facilitating seem and clean development of Japanese direct investment by conducting activities these as financial seminars, investigation and analysis of information and facts practical for Japanese Traders.”


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