Japan has granted Zambia $1.2 million for laboratory equipment to enhance mineral analysis at the Geological Survey Department. The agreement aims to improve mining capabilities, increase national revenues, and support poverty alleviation while fostering further educational initiatives.
Japan has extended a financial grant of approximately $1.2 million (K33.6m) to Zambia, aimed at enhancing the procurement of laboratory equipment within the Geological Survey Department, which operates under the Ministry of Mines and Minerals Development. This assistance is part of the Economic and Social Development Programme and the two nations have officially signed and exchanged the agreement.
During the signing ceremony held in Lusaka, Japanese Ambassador to Zambia, Takeuchi Kazuyuki, stated that the grant is anticipated to significantly enhance the capacity for mineral analysis and refresh geological data. He indicated that this initiative is likely to expedite exploration and mining endeavors and will positively impact national tax revenues while aiding efforts to alleviate poverty.
Zambia’s Minister of Finance, Situmbeko Musokotwane, emphasized that the financial support will enable the Ministry of Mines to acquire advanced mining equipment, thereby strengthening the capabilities of the Geological Survey Department. He noted the new apparatus is expected to enhance both the precision and effectiveness of geological surveys, attracting further investments into the mining sector.
Furthermore, JICA Chief Representative, Tateyama Jotaro, remarked that this grant is part of a larger commitment to development, which includes Human Resource Development initiatives resulting in the training of seven officials and researchers from the Ministry of Mines who have completed their studies in Japan.
In summary, Japan’s grant of $1.2 million to Zambia is poised to significantly enhance the country’s mineral analysis capabilities through improved laboratory equipment. This initiative is expected to invigorate mining operations, increase national revenues, and contribute to poverty alleviation. Long-term development efforts are further supported by prior human resource initiatives between the two nations.
Original Source: znbc.co.zm
