Pakistan Mint

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Pakistan Mint
Native name
پاکستان ٹکسال
IndustryMetalworking
Founded1942; 82 years ago (1942)
Headquarters,
Area served
Pakistan
Productscoins

The Pakistan Mint (Urdu: پاکستان ٹکسال) is a Pakistani coin press located in Shalimar Town, Lahore, Pakistan. It is the oldest mint located in Pakistan. It is governed by the State Bank of Pakistan.

The mint has been in operation since 1942. Currency denominations of 1, 2, 5 and are currently minted there.[1] Previously 10 rupee coin was also minted here.

Pakistan Mint has residential quarters, shops and recreational parks located within the vicinity. It is located opposite of Mapco Corp. on Grand Trunk Road. Pakistan Mint has been manufacturing not only coins or currency for the state but also medals and awards for the Military Armed Forces, postal seals and stamps.[2]

In 2010, the Pakistani government began plans to modernize and upgrade the mint. Plans include replacing obsolete machinery to increase productivity, quality and output-effectiveness.[2] Plans also include boosting qualifications and expertise of the mint's employees.[1]

References[edit]

  1. ^ a b "Request For Proposals: Pakistan Mint Modernization". lahore.nelaam.com. 9 June 2010. Archived from the original on 26 December 2018. Retrieved 30 November 2015.
  2. ^ a b "Pakistan Mint to be modernised". The Express Tribune. 16 January 2011. Retrieved 30 November 2015.