Bougainville President Ishmael Toroama has assured companies, investors and development partners operating in the Autonomous Region of Bougainville that their personnel, operations and assets will be protected following an attack at the Lloyds Metals camp in Panguna.
Toroama described the incident as an isolated act of violence by individuals seeking to undermine the Autonomous Bougainville Government’s efforts to advance the redevelopment of the Panguna Mine and the region’s broader economic development agenda.
“I want to make it absolutely clear that the actions of a few individuals do not represent the government and people of Bougainville,” Toroama said in a statement.
He said the majority of Bougainvilleans wanted responsible investment, economic growth and development that creates opportunities and strengthens the region’s future.
“To all companies currently working in Bougainville, I give you the government’s utmost assurance that you are welcome here, and that your personnel, operations and assets will be protected,” he said.
Toroama said the management of Lloyds Metals and Energy Limited had assured the government it remained committed to working in Bougainville.
He confirmed that work at the Panguna site would continue without delay.
“My Government, through the Bougainville Police Service and relevant government agencies, will take all necessary measures to maintain law and order and ensure a safe operating environment for legitimate businesses and development partners,” Toroama said.
The President said the government would not allow isolated acts of violence to undermine investor confidence in Bougainville.
“We will not allow isolated acts of violence to undermine the confidence of companies and investors who have committed their resources, expertise and confidence to Bougainville’s development,” he said.
Toroama said economic development depended on confidence, stability and security, and the government remained committed to creating conditions where companies could operate safely and communities could participate meaningfully.
He called on companies operating in Bougainville to remain committed to the region and not allow the actions of a small number of individuals to affect their confidence in the government or the people of Bougainville.
“Do not allow the actions of a small number of individuals to diminish your confidence in our people or in our government,” Toroama said.
