Fujifilm returning to Zim as Japanese companies in...

Fujifilm returning to Zim as Japanese companies invest in the country

The Embassy of Japan in Zimbabwe says 10 Japanese companies are set to invest in Zimbabwe with giant Fujifilm making a comeback.

“As we speak, we are working on modalities to set up companies that will partner Zimbabwe across all sectors of the economy,” Second Secretary in charge of the economic section of the Embassy of Japan in Zimbabwe, Jun Yamazaki told Chronicle at the ZITF.

“One of the major companies that had invested in Zimbabwe was Fuji. As you know, Fuji is a Japanese multinational conglomerate headquartered in Tokyo, Japan, operating in the realms of photography, optics, office and medical electronics, biotechnology, and chemicals,” said Yamazaki.

She said Fujifilm and the other 19 companies that had invested in Zimbabwe “were forced to migrate to South Africa with time because the conditions were unbearable”.

Yamazaki said that the Japanese embassy is promoting more investment from their country based on confidence in the growth of the Zimbabwean economy.

“We want to have more people and companies investing in Zimbabwe with hope that the economy takes shape as we believe it is through implementation by the Government”

She said that the embassy is also promoting growth of Zimbabwean brands into the Japanese market.

“We also want to engage the country in economic co-operation by having companies register in Zimbabwe, as well as have local companies investing in Japan,” said Yamazaki.

Yamazaki also said that be focus on the promotion of culture and tradition between the two countries through educational and sporting scholarships.