By Cecil Mensah
The Danish Embassy in Ghana has handed over a 3.5 million Dollars card security milling and printing equipment to Intelligent Card Production System (ICPS), subsidiary of Margins Group of companies, a wholly owned Ghanaian company.
The facility was a Danida Mixed Credit, which forms part of the ICPS upgrade project to ensure significant upgrade of the security and printing features of the company to enable it position itself as a leader in Africa for security printing, manufacture of documents and cards.
The facility, will assist the company undertake the printing of the full range security documents, personalized Identity Cards as well as a configured data card systems.
The facility is expected to transform and change ICPS technical capacity in the areas of secure printing.
The support under the Danida mixed credit facility will see the company undertake the printing of full range security documents and become the only factory in the country certified for the manufacturing of Europe, Master card and Visa cards among others.
Handing over the facility to the company, the Danish Ambassador to Ghana Madam Magic Thompson expressed her joy about the upgrade of facilities for the company to meet the production of cards.
She said the facility will enable the company achieve its vision of producing world class products in the country.
She pledged her government’s support to the company to meet its goal of being the first and only full service company in the production of certified cards and security printing in sub Saharan Africa.
The Chief Executive Officer (CEO) of Margins Group of companies, Mr Moses Biden said the mixed credit facility was a bold step to the operational advancement of the company.
“The upgrade of our facility wills 30 able the company to achieve its vision of producing world class product in Ghana and to contribute to the knowledge industry in the area of secured printing across different for factors such as ID cards, cheques and labels in the country and the West Africa.
On his part, Mr Frank One, a Director of Margins Groups commended the Danish Embassy for the enormous support in creating the enabling environment for local companies to thrive and contribute their quota to the economic renaissance of Ghana as the beacon of hope for Africa.