News 24 Minister of Communications: Open competition between postal companies creates 100,000 new jobs within three years

The Minister of Communications and Information Technology, Abdullah Al-Sawah, said that the decision of the Cabinet of Ministers to separate the legislation from the operation would directly and rapidly affect the quality of postal services, and should create more than 100,000 new jobs in the market three years from now.

During the meeting with the leaders of the 10 largest companies in the postal and logistics sector of the Kingdom, he explained that this decision would improve the sector and benefit other related sectors, as well as the small and medium enterprises sector. and encourage foreign investors to enter this mature and promising market.

He added that this decision would strengthen the governance of the Saudi Post and enhance competitiveness, through the introduction of businesses to fair competition and equal opportunities, in order to implement the privatization process and the transformation of the institution into a holding company.

He stressed that this decision would allow the sector to benefit from the vast experience of the Telecommunications Authority in the management of the telecommunications sector, which has led to its regional and global leadership and created an environment of fair competition between companies telecommunications, as well as a performance monitoring guaranteeing the quality of services.

The Minister has invited the Postal Society and other companies in the sector to develop tools and methods of service, seize the opportunities of the Fourth Industrial Revolution and provide the tools of the future to provide advanced postal services that meet customer needs.