Flexible Electronics News

G+D Wins €260 Million Contract in Egypt

Central Bank of Egypt has commissioned G+D with planning and building plant for production, processing of bank notes.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Giesecke+Devrient (G+D) has today announced the conclusion of a major contract with the Central Bank of Egypt. The bank has commissioned G+D with planning and building an integrated plant for the production and processing of bank notes in Egypt’s new administrative capital, southeast of Cairo. The project, with a volume of approximately €260 million, includes cutting-edge IT and security infrastructure as well as the setup of further regional centers.   After completion, the plant will cover t...

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