Japan has granted Zambia approximately $1.2 million to enhance mineral analysis capabilities through improved laboratory equipment. The initiative, signed in Lusaka, is expected to boost exploration and mining activities, thereby increasing national tax revenues and aiding poverty reduction. Additionally, prior assistance has been directed towards the development of human resources within Zambia’s mining sector.
Japan has provided Zambia with a grant of approximately $1.2 million (K33.6 million) aimed at enhancing the geological analysis capabilities of the Geological Survey Department within the Ministry of Mines and Minerals Development. This funding is intended for the acquisition of advanced laboratory equipment crucial for mineral analysis.
The signing and exchange of notes for this support occurred during a ceremony in Lusaka. Japanese Ambassador to Zambia, Takeuchi Kazuyuki, expressed that the grant will bolster Zambia’s mineral analysis capacity and modernize geological data.
Ambassador Kazuyuki noted that improved mineral analysis is expected to facilitate exploration and mining efforts, resulting in increased national tax revenues and contributions to poverty alleviation. This assistance highlights the collaborative efforts between Japan and Zambia in the mining sector.
Minister of Finance Situmbeko Musokotwane emphasized that the grant will enable the Ministry of Mines to procure cutting-edge mining equipment. He elaborated that the new technology will enhance the accuracy and efficiency of geological surveys, thus attracting further investments into the mining industry.
Additionally, Japan International Cooperation Agency (JICA) Chief Representative Tateyama Jotaro clarified that this grant follows prior assistance directed toward Human Resource Development, which included the completion of studies in Japan by seven officials and researchers from the Ministry of Mines.
In conclusion, Japan’s $1.2 million grant to Zambia presents a vital opportunity for the enhancement of mineral analysis capabilities through advanced equipment. This collaborative effort is poised to facilitate increased exploration and mining activities, potentially elevating national income and progressing poverty reduction initiatives. Moreover, JICA’s ongoing support for human resource development complements these advancements, underpinning the commitment to improve Zambia’s mining sector.
Original Source: znbc.co.zm
