Call for locals to emulate foreign businesses


EAST New Britain entrepreneur Fred Lowa says Papua New Guineans should emulate what foreign businesses have done to succeed in business.
“Papua New Guinean businessmen and women, especially those in ENB, must work together for indigenous businesses to thrive,” he said.
“It is time to set aside all provincial, traditional and tribal differences and work as a united force to grow our business ventures.”
Lowa owns three trade stores and a lodge in the Matanakunai ward in the Lassul-Baining local level government in Gazelle.
He recently opened a Mini Mart in Kenabot Stage 2 and a Restaurant in Kokopo.
“It is about time the ENB people and Papua New Guineans rise to take the challenge to support and promote local businesses to prosper not only in ENB but nationwide as well,” he said.
“It is really sad to see Papua New Guineans becoming slaves in their own country as many of the shops and other businesses are mostly foreign-owned.”
Lowa started off with a trade store back home from a K1,000 loan from his father.
He is expanding his businesses towards Kokopo 20 years on and is encouraging entrepreneurs in the country to rise.
He said he purchased a property in Kenabot to establish a mini mart and restaurant to show that “we could also venture into business successfully”.