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| cardsnmore.com / news / 09-11-2007.html |
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Golden Chip – CCD supplies Card Factory |
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 09.11.2007 - Golden Chip – CCD supplies Card Factory
CCD signed a contract to supply a turn key production facility for plastic cards to Golden Chip Company in Saudi Arabia. The project has a volume of 5,9 million Euro and includes the supply and installation of state-of-the-art plastic card production equipment, transfer of manufacturing know-how, training, and production support. It does not include constructing or preparing the building that will house the equipment.
The new factory will be used to produce and personalize high quality scratch-off cards, loyalty cards, SIM cards and credit cards for the telecommunication and banking sectors. Rights to optical memory card technology or manufacturing are not included in the arrangement.
“We are very happy to have selected CCD as the turnkey solution provider and we look forward to a long and healthy relationship with them. We set high standards in our Request for Proposal and are pleased to announce that CCD’s proposal met our expectations,” said Adel Al Jabr, General Manager of Golden Chip Company.
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