The inaugural Special Economic Zone (SEZ) Summit started this morning with talks on the difference models of SEZs, the financing, and partnership. Mr. Shubhojeet Chakavary from Price Waterhouse Coopers (PwC) India said financing a SEZ is usually done as per the SEZ model. Giving his talk this morning, he said for a Public Private Partnership approach like that in Papua New Guinea, the financing is done by private sector investment while the state remains the facilitor for enabling a conducive environment to do business. That would mean enabling ease in financing the project, including making foreign currency available, something which PNG lacks currently. He said different models are applied in other countries. They include the state running everything to establish SEZs, a joint development model under PPP, and Business to Business a Government to Government model. Meanwhile, the state as an enabler must ensure services such as roads and infrastructure, utilities like power and water, security, legal requirements and politicies, a proper SEZ road map and most importantly land is made available for SEZs. "It all comes down to cooperation between state and private developer to enable the success of SEZs," he stressed.