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MEXICO – The Bank of Mexico (Banxico) has inaugurated a new ticket factory in the municipality of El Salto, in the state of Jalisco, which would produce one third of the national production of banknotes of all denominations.
Banxico said in a statement that, considering the demand for long-term bills and the need to mitigate the risk of concentration of domestic production of bank notes on a single site, it was decided it Eight years ago, to plan the construction and operation of a new factory. tickets
He pointed out that after several analyzes, the new Jalisco factory was planned because of its geographical location, its communication infrastructure and the complementarities that could be created with the Regional Bank of Mexico, existing in the region. ;entity. Work began in 2015.
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In terms of equipment, he said, the plant has a production line and state-of-the-art technology guaranteeing the best conditions for the manufacture and protection of banknotes.
Banxico estimates a total investment of just over 3,636 million pesos, of which about 1,140 million correspond to the acquisition of the land and the construction of the building and 2,496 million pesos to the l '. equipment and commissioning of the factory.
The central bank will make available to the general public a microsite containing information on the new banknote factory www.banxico.org.mx.
With the installation of this plant, ticket manufacturing will be made more efficient, its regional distribution will improve, it will be able to meet the future demand and it will respect as appropriate the obligation of the central bank to provide a national currency to the economy, he concluded.
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