UzPost Considers Attracting Investment to Develop Logistics and Digital Solutions

Tashkent, Uzbekistan (UzDaily.com) — The national postal operator Uzbekiston pochtasi (UzPost) is exploring opportunities to attract investment to develop its logistics infrastructure and digital solutions, the company reported amid circulating news regarding the potential privatization of the state stake in favor of a Russian marketplace.

UzPost noted that, amid declining demand for traditional postal services and the rapid growth of e-commerce, there is an increasing need to diversify services, enhance convenience, and implement modern technologies.

The company plans to allocate potential investments toward infrastructure modernization, logistics development, digital solutions, expansion of branch networks—including in rural areas—and the creation of modern processing and delivery centers for mail and parcels.

UzPost emphasizes that implementing this transformation program will strengthen the company’s long-term sustainability, improve competitiveness against private delivery operators, introduce modern service quality standards, and ensure nationwide access to universal postal services.

These measures are also expected to create new jobs, boost e-commerce, and support related services.

“At present, the shareholders of JSC Uzbekiston pochtasi remain state entities—the Ministry of Economy and Finance, the Agency for Management of State Assets, as well as five state-owned enterprises and more than 16,000 legal and individual persons,” the company stated.

UzPost clarified that in the event a major investor is involved, all information will be disclosed in accordance with legal requirements under the Law “On Joint-Stock Companies and Protection of Shareholders’ Rights.”

Earlier reports indicated that the state stake in UzPost is up for privatization and could be acquired by a Russian online platform, though details of the transaction have not been officially released. Under the 2025 privatization program, 29.4% of UzPost shares were planned to be offered for sale. In September, the company increased its authorized capital by transferring 50 post office buildings in Tashkent into the capital. The enterprise’s market capitalization is estimated at approximately 285.9 billion soms.

Founded in 1992 and transformed into a joint-stock company in 2014, JSC Uzbekiston pochtasi comprises 14 regional branches, 1,602 post offices, and more than 3,500 delivery points, employing over 7,000 staff, including around 2,500 postal workers. UzPost operates 25 air routes and over 300 road routes, is a member of the Universal Postal Union, and collaborates with international systems such as IFS, PNG, RUGBY, IBIS, and PRIME. In addition to mail and parcel delivery, the company provides subscription services, payments, financial transfers, and issues postage stamps.