THE Japanese Government has reaffirmed that it is committed to deepening the bilateral cooperation which exists between itself and Zambia in the mining sector.
Minister of Economy, Trade and Industry (METI) Nishimura Yasutoshi who is a member of the House of representatives under the ruling Liberal Democratic Party in Japan says Zambia’s political dispensation is stable for investment.
He has explained that Zambia is important to Japan owing to its abundant critical mineral endowment.
“Japanese private companies are more than willing to partner with the Zambian Government and establish their businesses in Zambia. Japanese investment will have a positive trickle-down effect such as capacity building and technological transfer to the local people,” he said.
He said this when Zambia’s Ambassador to Japan Dr Tobias Mulimbika paid a courtesy call on him at the Ministry of Economy, Trade and Industry in Japan today.
And Dr Mulimbika expressed gratitude for the cooperation between the two countries that dates back to 1964.
He said the Embassy of the Republic of Zambia in Tokyo highly values the cordial relationship between Zambia and Japan as evidenced by the continued cooperation in various sectors of the economy.
“The Zambian Mission in Japan is making strides in the promotion of investment in the mining sector,” he said.
He revealed that he will lead a total of ten companies from the mining sector in Japan accompanied by Minister of Economy, Trade, and Industry (METI) of Japan Mr Yasutoshi Nishimura, Officials from the Japan Organisation for Metals and Energy Security (JOGMEC), International Affairs Division Metals Strategy Department, Agency for Natural Resources and Energy Mineral and Natural Resources to Zambia to explore opportunities in the mining sector.
He added that the delegates will also participate in a roundtable business meeting from 6th to 11th August 2023 in Lusaka.
This is according to a press statement issued by First Secretary Press and Public Relations
Embassy of the Republic of Zambia ToTokyo, Japan Faith Nabeene Chilube.
(Mwebantu, Wednesday, 2nd August, 2023)