Tuesday , February 25 2020
Breaking News
Home / Business / Pakistan Post to setup 125,000 franchises under new mega plan
Pakistan Post to setup 125,000 franchises under new mega plan

Pakistan Post to setup 125,000 franchises under new mega plan

ISLAMABAD: Pakistan Post would setup 125,000 franchise post offices across the country and under the program, more than 200,000 persons would be directly employed in three years time period.

As part of Pakistan Post’s mega plan, the country’s primary and largest postal operator would open institutional franchise post offices. One would be opened at 23,000 Nadra E-Sahulat outlets, where all postal products and services including electronic money order shall be available. The sites would also offer first mile pickup from booking office and shall be connected through app.

As per details available from Pakistan Post, all software/hardware of digital booking / pickup of postal products and electronic money order are prepared. The postal operator is developing accounting procedures and it’s integration with the Nadra app. Whereas, timelines have already been prepared in consultations with controller general accounts, DAPPO and PPOD.

The pilot project will be initiated from mid of February and will then be rolled over throughout 23,000 sites by first week of March.

Under the franchise system, 25 percent commission shall go to franchises whereas 75pc to Pakistan Post. Furthermore, all hardware and software investments shall be incurred by franchises against 25pc commissions.

The franchise shall provide same Pakistan Post’s postal products, electronic money order products and postal stationary. Meanwhile, product line available other than postal products includes; booking of air, road, rail tickets, online retail bookings and delivery and extension of RMIS and EMTTS (Express Mail Track & Trae System) etc.

The Pakistan Post would train over 1,000 postal trainees, who can run these offices. The total capital expenditures required for each post office shall be Rs150,000 against which customised post office shall be developed bearing all hardware, computer , bar codes and one Scottie (upfront cost of 10,000) and Rs350,000 shall be operational expenditures, which shall be kept as prepaid for postal products, electronic money orders, domestic remittances, bills and associated postal stationary etc.