MWANAKATWE LAUDS JAPANESE INVESTMENT IN ZAMBIA

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COMMERCE and Trade Minister Margaret Mwanakatwe says the coming of Carview Zambia Limited to Zambia is a vote of confidence in the PF government for creating an enabling environment for investment.

And Japanese Ambassador to Zambia Koinuma Kiyoshi has said that Carview, had been exporting high quality Japanese second hand cars through a trading website since 2004.

Speaking when she officiated at the launch of Carview Zambia Limited, a Japanese company, Mwanakatwe said the PF government was pleased with the initiative taken by Carview.

She said the company’s investment in Zambia was pleasing to President Edgar Lungu because jobs were being provided.

Mwanakatwe said the PF government was aware of the company’s impeccable track record and noble business reputation which it had built over two decades.

Mwanakatwe hoped that the company’s investment in Zambia would reduce the cost of pre-owned Japanese vehicles and pass on a tangible benefit to your clientele.

“The trickle down effect is such that while accomplishing your investment objectives you would have created jobs for Zambians who can provide for themselves and families. This gives President Edgar Chagwa Lungu intrinsic joy and satisfaction, ” Mwanakatwe said.

She said Carview’s product offering would not only provide Zambians with motor mobility but would also support Zambians to fullfill their social and economic endeavours.

The Minster has since implored Carview to invest even more and show the attributes of a socially responsible citizen who would touch the lives of Zambians who may not be directly involved in your product offering.

Mwanakatwe also pledged government’s support to the company in its endeavours for  investment and future progression.

“It is imperative that your good initiative must  comply to rules and regulations of carrying out such an business and investment. The aforementioned is designed to protect your investment and the interests and safety of stakeholders,”

And  Koinuma said Carview which officially opened a new office and showroom in Lusaka yesterday, had been exporting high quality Japanese second hand cars through a trading website since 2004.

Koinuma explained that in Zambia, the Carview’s sales volume, for the over the last three years, had hit a record 30,000 vehicles.

He said the increase in the trade for Zambia was a sign that Carview had  continued to grow over the years winning the Zambian hearts.

Koinuma observed that despite some operational challenges, Japanese companies had continued expanding and producing results.

Koinuma cited electricity shortage that the country had grappled with as one of the challenges that the companies were facing.

Koinuma named Toyota Zambia Ltd, Toyota Corporation, Hitachi Construction Machinery Zambia Company Limited, Shimizu Corporation, Japan Tobacco International and Nihon Sekkei as some of the Japanese Companies which were operating in Zambia.

“Many of these companies are continuously investing and expanding their operation. We have a great expectation for Carview Zambia Limited as well. As the Embassy of Japan, we would also like to continue supporting Japanese businesses to come to Zambia, “said Kiyoshi.

He assured that through increased promotion of trade and investment, the the Japanese government wished  to steer in more Japanese companies to other African countries

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