The Asia Miner

SEP-OCT 2014

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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80 | ASIA Miner | September/October 2014 Supplier News GE HAS announced the appointment of Pe- ter Loko as its country head for Papua New Guinea. The appointment coincides with GE offcially opening its frst offce in the country. GE vice chairman John Rice, offcially opened the offce in Port Moresby on July 14 before trav- elling to Sydney to participate in the B20 Summit. Peter Loko will work with each of GE's in- dustrial businesses, including Power & Water, Oil & Gas and Healthcare to develop individual strategies for PNG while representing and le- veraging GE as a whole for the country. GE Australia & New Zealand president and CEO Geoff Culbert says that GE's operation in PNG builds on the company's involvement with the PNG LNG project. "PNG is undergo- ing incredible change, driven by huge mineral and gas projects which are rapidly transform- ing the country. GE has the technology, the global experience and the local capability to help PNG reach its growth goals. PNG's 22 provinces have a combined GDP of $17 billion, growing at 8% per annum. GE already plays a signifcant role in the extraction of LNG, which is expected to substantially in- crease the nation's GDP. With the offce and country head appoint- ment, GE is looking to contribute even more to the development of the PNG economy, bring- ing global energy, water treatment and health- care capabilities to the country. Peter Loko says he has a passion for de- veloping the critical infrastructure needed to achieve PNG's short and medium term objec- tives. "I am excited to take on this now role and in turn help PNG achieve its objectives in the key areas of power, water, healthcare and oil & gas." Peter Loko brings a wealth of local PNG cor- porate, government and cultural experience to GE, having been CEO for State-owned Telikom PNG as well as CEO of the National Capital District Commission (Port Moresby) and a member of Transparency International, PNG Branch. He will be based in Port Moresby where he lives with his wife and children. He also has a son in Australia. Peter Loko will report directly to Geoff Culbert and will be a member of the Australia and NZ senior leadership team. GE has been doing business in Papua New Guinea since 1952 with each of its industrial businesses active in the country. GE PNG country head Peter Loko (left), GE vice chair- man John Rice and GE A&NZ president and CEO Geoff Culbert (right) at the opening of the PNG offce. GE opens offce in PNG

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