The general policy of the postal sector in the Kingdom has committed 5 ministries and government agencies, and the Central Bank of Saudi Arabia, to achieving its goals, which include raising the status of the postal sector as one of the possible sectors of the “Kingdom’s Vision 2030”, and making the Kingdom a global logistical center, in addition to introducing stakeholders in the postal sector to the goals. and higher objectives for the sector.
According to the draft policy (Okaz obtained a copy of it), which is on its way to a final decision within the next 90 days, the policy works to build the responsibilities entrusted to the Ministry of Transport and Logistics towards the postal sector in the Kingdom under Clause First of Cabinet Resolution No. 705, which He decreed that the ministry would supervise the postal sector, lay down its general policies and development plans, and programs related to postal sector affairs, and supervise their implementation after approval. The general policy of the postal sector is based on the principle of raising the level of growth of the postal sector services in the Kingdom, which contributes to supporting the achievement of the goals of the Kingdom’s Vision 2030, by setting a clear vision for this vital sector, which would push national development and the advancement of this sector and achieve the desired growth and development in coming years, to ensure maximizing its contribution to the GDP.
Accordingly, this general policy for the postal sector was prepared, which is considered as a roadmap for implementation strategies and an action plan to guide decisions and achieve results, including basic directions and pillars that have a significant impact in order to reach the desired goals in the postal sector.
Stimulating the investment environment
To enhance the services of the sector by building trust between the investor, the beneficiary and the postal services. To achieve the desired goals, it is necessary to rely on digital solutions and automated systems to advance and stimulate the digital economy. such as big data, statistics, electronic commerce, adopting flexible processes and the ability to respond to any incidents that may lead to interruption of postal services, stimulating the investment environment in the postal sector and improving the regulatory environment, and applying enabling strategies and initiatives in order to achieve the goals of developing standards for providing current postal services and introducing new ones. In an innovative way, ensuring its availability in a diversified and permanent manner at competitive prices, increasing competition between entrepreneurial investors and local and foreign companies, supporting e-commerce and the digital economy, and promoting the principles of transparency, according to innovative governance and regulations that lead to a creative environment that provides the necessary information for those wishing to enter the postal sector in the Kingdom or invest in it; And without prejudice to the privacy of beneficiaries’ data, the development of human energies, the optimal employment of them, the improvement of the financial situation of the sector, the maximization of the return on its investments in accordance with the Kingdom’s Vision 2030, and ensuring that the sector’s plans and programs focus on the beneficiaries of postal services, and the realization of digital transformation plans, which contributes to economic development and defining roles. Required from the relevant authorities, and contribute to raising the Kingdom’s indicators related to the sector, fulfilling its obligations in international agreements and encouraging innovation in providing more services that meet the needs of individuals, entrepreneurs, the business sector and all relevant stakeholders, and indicating the expected roles of the Ministry of Transport and Logistics Services, and the Authority The General Transportation Authority, the national operator, and other related parties; implementation of this policy and the achievement of its objectives.
