PRESS STATEMENT FOR THE LATE PETER LOKO

On behalf of the Executive Committee and Members of the Business Council of Papua New Guinea, we extend our condolences to Goini and the family of the late Peter Nathan Loko.

Up to the time of his untimely passing, Peter was an active Executive Committee Member.

With his impeccable record in serving some of the highest posts in government and business, Peter championed conversations on the need for business to actively participate in nation building.  He advocated for inclusive and affordable electricity to the majority of our people, business participation to implement the United Nations Sustainable Development Goals and the passionate promotion of the ICT sector’s contribution to PNG’s growth.

Peter was also instrumental in promoting the Australia – Papua New Guinea business relationship.  At the recent Papua New Guinea – Australia Ministerial in Madang this year, he stressed the need for ministers to work closely with business to enact a modern Trade and Investment Treaty that will put people to people relations at its core.

He reinforced this notion by giving an account on how he and his employer, GE (PNG) Limited, facilitate talented Papua New Guineans and Australians to interact regularly in improving the social and economic status of the underprivileged.  This has paved way for a framework that builds strong people to people engagement.

“In a time where leaders of integrity need to speak on the affairs of the country, Peter Loko stood out. Never short of ideas and never accepting the status quo, he pushed for change. This was Peter’s strength,” said David Toua, President of the Business Council.

The Business Council PNG is grateful for Peter’s support and are saddened of his passing.