Iran’s first private postal company, Post Aval (“First Post”) has launched, ICTNA.ir has reported.
As part of plans to break up the government-controlled mail monopoly introduced in 2018, the Ministry of Communications and Information Technology (CIT) is splitting off sections of the postal industry to the private sector.
Under an agreement with Post Aval, which will serve as a central post distributor, some 30 smaller franchises will also enter into deals to deliver mail to regional localities.
As things stand, the nationwide daily mail service deliveries will remain under state-owned Iran Post, but parcels and other services will be handed over to Post Aval.
Some international courier, parcel and express mail operators, including DHL, continue to be active in Iran, but companies including TNT pulled out of the market in 2018.
In March 2018, the CIT ministry permitted two other companies, Tipax and Peikbapa, to deliver parcels domestically.
Iran’s parliament (the Majlis) passed a law in early 2017 allowing for the breaking up of the state monopoly on intercity and city post services. The law stated that tender processes offering licences must be open to all players.
Initially, five non-governmental consortiums applied for the licences, but the number of bidders was whittled down to two groups.
Related Articles
Iran parliament speaker forwards anti-money laundering bill to president
Parliament Speaker Mohammad Bagher Ghalibaf has notified President Masoud Pezeshkian of the "Law on the Accession of the Government of the Islamic Republic of Iran to the International Convention for ... more
Iran's interbank interest rate holds steady at 24% for third consecutive week
Iran's interbank market interest rate remained unchanged at 24% for the week ending October 14, marking the third consecutive week of complete stability in the country's money market, the Central ... more
Iran's interbank rate holds steady at 24% for third consecutive week
Iran's interbank market rate remained unchanged at 24% on October 9, holding at the policy level for the third consecutive week as the Central Bank maintains liquidity control measures, Tahlil Bazar ... more