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Thursday, 06 February 2020 10:54

Indonesian SOE Wins Peru's Currency Printing Project

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President Director of Perum Peruri, Dwina Septiani Wijaya (left) with Manager of Currency Management Department of the Peruvian Central Bank, Javier Gutierrez Gonzales, in Lima, Peru, Tuesday President Director of Perum Peruri, Dwina Septiani Wijaya (left) with Manager of Currency Management Department of the Peruvian Central Bank, Javier Gutierrez Gonzales, in Lima, Peru, Tuesday ANTARA/HO-Perum Peruri/ac.

The Indonesian state-owned currency printing enterprise, Perum Peruri, has won the money printing project from the Banco Centra de Reserva de Peru (BCRP), or the Peruvian Central Bank. "This achievement is very encouraging for all of Peruri's staff, given that competition in the tender process was very tight," Peruri Perum's President Director Dwina Septiani Wijaya said in a statement received here, Wednesday.

The win showcased Peruri's capabilities, as a state owned enterprise, in competing in the international field and that they possessed quality machines and adequate production capacity further strengthened Peruri's position as a world-class company, she believed.

Peruri, along with the Peruvian Central Bank, has signed a cooperation agreement regarding the printing of Soles, the currency of Peru.

The signing was carried out directly by President Director of Peruri, Dwina Septiani Wijaya and Manager of Currency Management Department of the Peru Central Bank, Javier Gutierrez Gonzales at the BCRP office, in Lima, Peru on Tuesday, February 4.

The signing was also witnessed by the Indonesian Ambassador to Peru, Martina Estella Anwar Bey, and the Peruri Business Development Director, Fajar Rizki.

Peruri won the tender through a process that took approximately two months.

Peruri had competed with other world-class companies, namely Gisecke & Devrient (Germany), Oberthur (France), De La Rue (Britain), Goznak (Russia) and PWPW (Poland).

The success of Peruri was announced through a decree on December 26, 2019. In the agreement, it was stated that Peruri would print three different values of Peruvian bills, namely Soles 10, Soles 20 and Soles 50 from a total of four denominations used in Peru.

The Peruvian project is the highest value in Peruri's history with a project value of Rp260 billion. Additionally, it is also a project with the farthest geographical distance, as it is located in South America.

"It is an achievement we should be proud of. Thank you to all those who have helped Peruri realize this achievement. The production process will begin in June 2020 and the first delivery will be made in November 2020," she said. (ANTARA)

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