Hopeful: Pakistan Post looks to re-brand

ISLAMABAD: The government has given the go-ahead to re-brand Pakistan Post in a bid to turn around the department's fortunes.

Setting up of mobile financial services and logistics company by Pakistan Post have been accorded approval. Pakistan Post would also join hands with private firm(s) to form two departments/companies - one for Mobile Financial Services (MFS) and another for Logistic Solutions.

Easypaisa of Telenor Pakistan has shown interest in Mobile Money Transfer on Public Private Partnership (PPP) while 23 other local as well as foreign companies have shown interest in Pakistan Post reform agenda and submitted bids for Mobile Money Transfer on Private Public Partnership (PPP) basis.

Pakistan Post requires Rs4 billion to computerise post offices. The Department has projected expenses at Rs16.397 billion and revenue at Rs11.5 billion for 2016-17.

Published in The Express Tribune, July 16^th, 2016.

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