SingPost and Qazpost forge strategic partnership to advance eCommerce and logistics

Singapore Post (SingPost), a leading postal and eCommerce logistics provider in Asia Pacific, and Qazpost, the national postal operator of the Republic of Kazakhstan, announced a strategic cooperation agreement aimed at boosting eCommerce and logistics, and bolster development in both countries.

The strategic cooperation covers a number of areas including:

· Technology collaboration: Qazpost and SingPost to explore the adoption of SingPost's machinery and equipment, including its innovative eCommerce drop-off systems, to enhance customer experience and efficiency.

· Enhanced logistics & eCommerce growth: The agreement will facilitate the exploration of efficient logistics routes between Kazakhstan and Singapore, leveraging both companies' extensive networks to support the development of eCommerce growth in their respective countries and regions.

· Best practice sharing: The partnership will facilitate the mutual sharing of best practices and create new opportunities for trade and economic growth.

"We are excited to partner with Qazpost to jointly explore opportunities for greater collaboration and enhance our postal and logistics sectors. Through our collaboration, we hope to enhance our eCommerce network and unlock new opportunities for both countries," said Li Yu, CEO, International, SingPost. 

"This strategic cooperation with SingPost is a significant step towards modernising our operations and expanding our capabilities to further improve our customers' experience. We believe this partnership will be a catalyst for growth in eCommerce and logistics, benefiting businesses and consumers alike," said Chairman of the Board of JSC «QazPost» Asel Zhanassova.

The agreement also includes provisions for knowledge exchange, training programs, and the exploration of additional areas for collaboration in the future.

The Agreement was one component of high-level agreements exchanged between Kazakhstan and Singapore - and was witnessed by the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev and Deputy Prime Minister and Coordinating Minister for Economic Policies, Singapore, Heng Swee Keat.