Japan has granted Zambia $1.2 million to enhance the Geological Survey Department’s laboratory capabilities. The funds will facilitate the acquisition of advanced mineral analysis instruments, promoting exploration, increasing tax revenues, and aiding poverty reduction. The initiative is part of a broader plan that includes training for Zambian officials in Japan.
Japan has extended a grant of approximately 1.2 million United States dollars (K33.6 million) to Zambia aimed at enhancing laboratory capabilities at the Geological Survey Department, which operates under the Ministry of Mines and Minerals Development. This agreement was formalized through the signing and exchange of notes for the procurement of Mineral Analysis Instruments under the Economic and Social Development Programme.
During the signing ceremony held in Lusaka, the Japanese Ambassador to Zambia, Takeuchi Kazuyuki, emphasized that the grant is intended to bolster Zambia’s mineral analysis capacity and update geological data. He noted that the anticipated outcomes include increased exploration and mining activities, which could lead to higher national tax revenues and contribute to poverty alleviation.
Minister of Finance Situmbeko Musokotwane highlighted that this financial assistance will enable the Ministry of Mines to acquire advanced mining equipment, thereby enhancing the capabilities of the Geological Survey Department. He stated that the introduction of this new equipment will improve the accuracy and efficiency of geological surveys, fostering additional investments in the mining industry.
Furthermore, JICA Chief Representative Tateyama Jotaro mentioned that this grant serves as subsequent aid to the Human Resource Development initiative, which has already facilitated the completion of studies in Japan for seven officials and researchers from the Ministry of Mines.
In conclusion, Japan’s grant of $1.2 million to Zambia is poised to significantly enhance mineral analysis capabilities and promote investment in the mining sector. This collaboration underscores the importance of international partnerships in supporting economic development and poverty reduction through improved geological data and mining technology.
Original Source: znbc.co.zm
