Baku, Azerbaijan, May 24
By Fakhri Vakilov – Trend:
The world leader in the development of integrated identity solutions, German company Veridos GmbH will take part in the construction of a plastic card production plant in Uzbek capital of Tashkent, Trend reports with reference to the resolution of the Cabinet of Ministers of Uzbekistan.
The plant will produce microprocessor-based cards, contactless cards and others. It will be used for the manufacture of ID-cards, marriage certificates, medical insurance, social IDs and travel cards. The plant’s authorized capital will be 2 million euros.
The enterprise will be built during 2019-2020. From 2022, the project should reach its full capacity of 75 million units per year.
In particular, it will annually produce about 8 million ID-cards, 6 million pages for foreign passports, 3 million driver's licenses, 5 million transport cards, 25 million SIM-cards and other products.
The authorities want to export about 20 percent of these products.
A loan from a famous German bank will be attracted to purchase equipment from leading manufacturers.
Veridos GmbH is a joint venture of Giesecke + Devrient GmbH and the Federal Printing House of Germany. Founded in January 2015, it combines the experience of the two largest suppliers of high-tech security products in the international market.
The company's portfolio includes solutions for the manufacture and individualization of passports, ID cards, driver's licenses and medical policies.
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