President Hichilema Strengthens Zambia-Japan Ties to Boost Investment
President Hakainde Hichilema has concluded a successful working visit to Japan, aimed at attracting investment to drive economic growth and improve the lives of Zambians.
The visit featured a high-level meeting with Japanese Prime Minister Shigeru Ishiba and a business forum showcasing Zambia’s investment potential.
During discussions with Prime Minister Ishiba, President Hichilema reaffirmed Zambia’s strong diplomatic ties with Japan and emphasized the shared commitment to expanding trade and investment.
Both leaders pledged to build on existing agreements, including the policy dialogue mechanism and the investment promotion and protection agreement.
“We firmly believe that Zambia is the ideal destination for Japanese investment, which will help grow the economy and improve the lives of Zambians. I look forward to fostering a stronger partnership with Japan,” President Hichilema stated.
He expressed gratitude for Japan’s continued support in key sectors such as mining, agriculture, and infrastructure development, stressing the importance of sustained bilateral dialogue to enhance cooperation.
As Zambia’s Chief Marketing Officer, President Hichilema also attended the Zambia Business Forum in Tokyo, where he addressed over 100 Japanese companies.
He highlighted Zambia’s vast natural resources, political stability, and favorable investment climate, urging Japanese businesses to explore opportunities in copper, critical minerals, and energy—sectors vital to Zambia’s goal of achieving 3 million tonnes of annual copper production.
He reassured investors of his administration’s commitment to eliminating barriers to Japanese investment and fostering a business-friendly environment.
President Hichilema’s visit has reinforced Zambia’s potential as a key investment destination and laid the groundwork for a deeper economic partnership with Japan, focusing on sustainable development and mutual prosperity.
