From Post Zambia

Zambia is eyeing more investment flows from Japan next year after trade volumes between the two nations tripled to nearly US$156 million over the last three years.

Japanese investments into Zambia have been on an increase, with companies such as Hitachi Construction Machinery Zambia, which has alone invested US$15 million.

Between 2005 and 2011, investment from Japan into Zambia hit US$40 million. According to the Zambia Chamber of Commerce and Industry (ZACCI), Zambia is still seeking Japanese investors to increase their presence in various sectors of the economy to contribute to the development of the country.

ZACCI confirmed that the Zambia Development Agency (ZDA), in conjunction, with Japan External Trade Organisation (JETRO) and the embassy of Japan would hold the ‘Zambia – Japan Trade and Investment Promotion Forum’ aimed at promoting business between Zambia and Japan, and to explore possibilities for further involvement of Japanese companies in the economic development of Zambia.

Read more at Post Zambia