1. State ownership (of SOEs) enables consistency of strategic intent. 2. They charge a commercial tariff, thereby ensuring that the sector pays for its development - particularly important when the sector is of a scale which makes it impossible for the fiscus to fund its development. 3. They can leverage broader capital markets. 4. They have the ability to partner the private sector because of a common underlying logic (both commercial and both companies). 5. They have the motivation and ability as a commercial enterprise to drive dynamism, skills and technology development across the entire supply chain. 6. They can leverage commercial tools to incentivise and ensure management discipline.