Brunei to corporatize postal services by 2020

Source: Xinhua| 2019-10-09 21:41:50|Editor: xuxin
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BANDAR SERI BEGAWAN, Oct. 9 (Xinhua) -- Following the privatization of ports operations in 2017, the Sultanate is now set to corporatize its postal services by 2020 to strengthen and diversify the country's value-added products and services.

This is revealed by Brunei's Minister of Transport and Infocommunications Abdul Mutalib in his message in conjunction with the World Post Day 2019, which falls on Wednesday.

The minister said the corporatization aims to transform the country's postal services sector into a sector that facilitates socio-economic development through a more efficient, competitive, secure and sustainable postal service.

"Innovation and customer-based approaches need to be instilled, in particular, by postal operators to further strengthen existing services and diversify value-added products in the future. This approach is important to support the development of various activities in other economic sectors and eventually towards achieving Brunei Darussalam's Vision 2035."

The minister said the postal services in Brunei had experienced a 100 percent increase in the number of packets and parcels handled from the year 2010 to 2018, reflecting consumers' inclination towards small packets and packages in line with international e-commerce development. This in turn requires faster postal services to meet consumers' needs and demands.