Successful Signing of Contract B04 Between Q&T and the National Banknote Printing Plant

On February 21, 2025, the National Banknote Printing Plant hosted a formal signing ceremony to finalize its first security printing substrate procurement contract. The contract, designated as 07/2025/NBPP-QT-TFS/B04, was awarded to the joint venture of Q&T and TFS after a rigorous and transparent bidding process, ensuring full compliance with current procurement regulations.

This agreement marks a significant milestone in the supply of high-quality polymer substrates for banknote production, reinforcing the National Banknote Printing Plant’s commitment to innovation and security in currency manufacturing. The contract will serve as a crucial foundation for the plant’s production roadmap, enabling it to commence operations as planned in mid-March 2025.

By securing this contract, Q&T and TFS further solidify their positions as key players in the security printing industry, demonstrating their capability to meet the stringent quality and regulatory standards required for banknote substrate production.