The investment contract was signed by Post for Investment & Post for distribution Company, both affiliated by Egypt Post, and witnessed by Dr. Sherif Farouk, Chairperson of Egypt Post. Dr. Farouk, said that the investment is part of Egypt Post’s strategy to develop and increase its investments in promising companies and projects in various sectors, especially the financial and logistical services sectors. He mentioned that the investment aims to contribute to strengthening the national economy, within the frame work of implementing sustainable development plans, achieving profitable investment returns, and enhancing the infrastructure of the delivery sector. According to Dr. Sherif Farouk, the Roaders platform is an integrated collective maintenance platform that connected small and medium-sized delivery companies and individual delivery providers to e-commerce and retail providers. This allows the providers to safely and easily implement sales and purchases via social networking platforms and the Internet, using the best technological solutions, building on the great potential of Egypt Post for its wide geographical spread throughout the country, contributing to enhance integration in the logistics and connectivity sector, and developing services and improving the client experience.
The CEO of Fawry, Mr.Ashraf Sabry, stated that investment contract will enhance the delivery and logistics services industry's growth and development, as well as offer the most cutting-edge services and enhance customer satisfaction. According to Mr.Ahmed Ali Abdel Rahman, Managing Director and CEO of Post for Investment, the Roaderz Platform Investment fits within the company's vision and strategy to invest in promising projects that support the growth of the national economy and yield profitable returns on investment. According to him, the investment shows how much the company values the institutional business. He emphasized that with the execution of this agreement, Post for Investment and Post Distribution Company will join a prominent group of diverse, including (Millers Shipping Company, Fawry Financial Technology Solutions Company and Softech Technology Company), to achieve cooperation between shareholders and provide the necessary support to develop a solid foundation that supports the development of e-commerce services in Egypt, contributing to supporting small & medium-sized companies and provide exceptional employment opportunities in the areas of delivery, e-commerce and social networking sites. As per Mr. Ahmed Fayez, Managing Director of the Post Distribution Company, the company’s investment in Roaderz reflects its commitment to contribute to building a cooperative environment that enhances the quality of delivery services and provides a unique experience for customers. Adding that the company will provide its expertise and capabilities in the field of distribution to support the Roaderz platform in improving delivery operations and ensuring that products reach customers with the required quality and on time.