The Embassy of the Republic of Zambia in Japan has signed a Memorandum of Understanding (MoU) with Japan Institute for Overseas Investment (JOI) to help Zambia attract more Japanese Investment in the country.
The MoU paves way for the Mission to join 36 embassies, 193 Japanese companies, foreign investment promotion agencies and international organizations, into a network that will benefit Zambia through the use and spread of information useful for Foreign Direct Investment (FDI).
The MoU was signed by Zambia’s Ambassador to Japan Ndiyoi Mutiti and Japan Institute for Overseas Investment President, Kohei Nakanishi.
Ambassador Mutiti is optimistic that through the operationalization of the MoU, more Japanese companies will invest in the country’s various sectors.
“Zambia appreciates the amount of Japanese support it has received through Overseas Development Assistance (ODA) but the country is now looking to have the Japanese private sector play a more active role and get into partnerships with the Zambian private sector, hence the important role of JOI,” she said.
And Mr Nakanishi said he will work hard in assisting Zambia attract more Japanese investors.
Mr Nakanishi said the MoU will result in JOI contributing to deepening the economic relations between Zambia and Japan through facilitating sound and smooth development of Japanese direct investment, by conducting activities such as economic seminars, research and analysis of information useful for Japanese Investors.
This is according to a press statement made available to ZANIS in Lusaka today, by First Secretary at the Embassy of Zambia in Tokyo, Japan, Yotam Mugara.
BA POMPWE! PARTY OF THUGS CROOKS AND THIEVES!!
A consignment of Guibourtia wood bound for Vietnam and worth over RM9mil was stopped by the authorities
Customs officers conducted a check on the shipping container at the Tanjung Pelepas port and seized the illegal wood from Zambia.
Johor Customs director Datuk Mohammad Hamidan Maryani said any shipment would need an export permit from the exporting country.
“We found 115 pieces weighing about 30,580kg in the container.
The wood is worth 2.9 million dollars equivalent to about 30 million Kwacha. Our sources have confirmed to our Team of Analysts that the owners of the confiscated wood belongs to a group of “Politically exposed Persons”.
The stewardship on resources and I mean any resources in Japanese blood ,mmmmmmmh! well lets wait and see if they will come in masses.
That’s good for our country and that’s what is needed for the Ambassador to show his/her present in any other country out there by so doing jobs are being created for zambians and that also boost our economy
How many MOU are you going to sign or has that lazy moron signed in his travels around the world in the past 5 years even Tanzania President who has hardly flown out of his country has attracted more investment due to eliminating corruption. Zambia now is bad for investment no Police and President sits on high tables with criminals.