First Business News Portal in English from Nepal
KATHMANDU: The government has selected, Max International, a private company to import and install a security printing press in the country.
As per a notice issued by the Security Printing Centre, Max International that had quoted Rs 738.898 million for the job has been selected. Altogether four firms had submitted their proposal to import and install a security printing press in Nepal.
The government plans to print postal stamps, excise duty stickers, and academic credentials with the machine. Once the machine comes into operation, it can save Rs 9 billion every year, claims the government.
Though the government had long planned to install a security printing press in Nepal, the process was delayed after the project entered a controversy.
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