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Potential Outsourcing of Postal Services in Lebanon: The Plan for a Special Purpose Entity”

While the auction to outsource the postal sector is still being debated between the Minister of Communications, Johnny Crimea, and the head of the Public Procurement Authority, Jean Alaya, regarding its legality and the relevant position assigned to the role of each of them, questions abound about the fate of postal services: Will they exit the market and succumb to collapse, or will they be obligated according to The law is for a new company, or is it extended to the “Liban Post” company, which has been managing the sector since 1998? Al-Qurm says: “There is nothing in my power to implement, and all available options are difficult and undesirable.” As for Al-Alayya, he says, “The mission of the Public Procurement Authority and the Audit Bureau has ended at this point, and the entire file is in the custody of the Council of Ministers, and we are all waiting for the final decision.” In the face of this reality, and awaiting the final decision of the Council of Ministers next week, after three attempts to obligate the postal sector failed. For the successor company “Liban Post”, and the availability of better conditions for the bidding, those concerned with the sector put forward the idea of ​​​​establishing a “special purpose entity”, which is a joint stock company established and financed by the Lebanese state, which acquires all of its shares, and is entrusted with operating the sector until conditions are ripe for holding a new bidding. The winner assumes responsibility for operation. So what are the details? On April 18, 2023, the Council of Ministers assigned the Minister of Communications to prepare a plan for the state to receive the postal sector from the “Libyan Post” company in parallel with work on preparing a new tender. The Minister of Information said after the Council of Ministers session at that time: “… As for On the subject of the Liban Post Company, whose contract expires on May 31, the Minister (Crimea) has three options: either an extension, which was rejected by the Prime Minister, or a new auction, or the state takes over the sector, with the Minister of Communications working in parallel to prepare a tender and prepare a plan. Let the state receive the sector from Liban Post.” Why then retreat…

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2023-11-08 22:00:00
#Postal #bidding #give #take.. #options #special #purpose #entity #manage #sector #awaiting #final #decision

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