Egypt – CBE Governor Inspects Building of New Printing Press and Cash Center at NAC
Tarek Amer, Governor of the Central Bank of Egypt (CBE), inspected, on Thursday, the construction works and equipment for the new printing press building and cash centre, which are being built at the New Administrative Capital (NAC). Amer also inspected the process of installing new production lines for the printing press and its operational experiments.
An official CBE source said in statements that the construction work on the new printing press is nearing completion, in preparation for it to start work. The source added that the CBE Governor also inspected the Cash Center, which was established according to the highest international standards and the latest technologies. It is set to be fully mechanised.
The new printing press includes four production lines, and will print all denominations of paper and plastic currency. The Cash Center will be the largest in the Middle East, and aims to include a new cash management system with the latest modern automatic systems.