Japanese Govt Pledges K38 Billion Investment in Zambia’s Mining Sector
The Japanese Government has committed to invest K38 billion to support Japanese ventures in Zambia’s mining industry, aiming to bolster bilateral cooperation in this crucial sector.
During a bilateral meeting held in Tokyo, Japan’s Minister of Economy, Trade and Industry, Saito Ken, expressed the Japanese Business Corporation’s keen interest in investing in Zambia’s mining industry.
Vice Minister Taku Ishii further highlighted collaboration efforts between the Japan Organization for Metals and Energy Security (JOGMEC) and the Zambian Government on exploration projects.
In response, Zambia’s Minister of Mines and Minerals Development, Paul Kabuswe, emphasized the government’s eagerness for continued collaboration, particularly in geological mapping initiatives aimed at attracting more investment and generating employment opportunities in the sector.
