Competition Commission of Pakistan okays merger of two security printing companies

The Competition Commission of Pakistan (CCP) has approved the acquisition of 100 per cent equity shares of the National Security Printing Comp­any Ltd (NSPC) by Paki­stan Security Printing Corporation (Pvt) Ltd (PSPC), marking a pivotal step in the reorganisation of Pakistan’s security printing sector. PSPC, a wholly-owned subsidiary of the State Bank of Pakistan (SBP), is entrusted with printing currency notes and prize bonds on behalf of the SBP. NSPC specialises in printing essential security documents such as passports, degrees, cheques, and government stamps. The acquisition represents a consolidation of security printing operations under a unified framework, all within the control of the federal government and the SBP. This reorganisation is expected to streamline operations, reduce duplication of efforts, and enhance resource allocation, ultimately contributing to the long-term stability of Pakistan’s security printing infrastructure.