Pakistan Mint
Encyclopedia
Pakistan Mint is a coin press located in Shalimar Town, Lahore
, Pakistan
. It is the oldest mint
located in Pakistan. It is governed by the State Bank of Pakistan
.
The mint has been in operation since 1942. Currency denominations of 1, 2, and 5 rupee coins are currently minted there.
Pakistan Mint has residential quarters, shops and recreational parks located within the vicinity. It is located opposite of Mapco Corp. on Grand Trunk Road
. Pakistan Mint has been manufacturing not only coins or currency for the state but also medals and awards for the Military Armed Forces, postal seals and stamps. Pakistan Mint is known as "heaven" for their residentials since its the only place having beautiful colony structure. The beauty of Pakistan Mint Residential Colony can be viewed in the morning time when pearl on the grass, bird's songs, and sunrise make it pleasant for everybody.
In 2010, the Pakistani government began plans to modernize and upgrade the mint. Plans include replacing obsolete machinery to increase productivity, quality and output-effectiveness. Plans also include boosting qualifications and expertise of the mint's employees.
Lahore
Lahore is the capital of the Pakistani province of Punjab and the second largest city in the country. With a rich and fabulous history dating back to over a thousand years ago, Lahore is no doubt Pakistan's cultural capital. One of the most densely populated cities in the world, Lahore remains a...
, Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
. It is the oldest mint
Mint (coin)
A mint is an industrial facility which manufactures coins for currency.The history of mints correlates closely with the history of coins. One difference is that the history of the mint is usually closely tied to the political situation of an era...
located in Pakistan. It is governed by the State Bank of Pakistan
State Bank of Pakistan
The State Bank of Pakistan is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged...
.
The mint has been in operation since 1942. Currency denominations of 1, 2, and 5 rupee coins are currently minted there.
Pakistan Mint has residential quarters, shops and recreational parks located within the vicinity. It is located opposite of Mapco Corp. on Grand Trunk Road
Grand Trunk Road
The Grand Trunk Road also formerly known as Uttarapatha, Shah Rah-e-Azam or Sadak-e-Azam or Badshahi Sadak is one of South Asia's oldest and longest major roads...
. Pakistan Mint has been manufacturing not only coins or currency for the state but also medals and awards for the Military Armed Forces, postal seals and stamps. Pakistan Mint is known as "heaven" for their residentials since its the only place having beautiful colony structure. The beauty of Pakistan Mint Residential Colony can be viewed in the morning time when pearl on the grass, bird's songs, and sunrise make it pleasant for everybody.
In 2010, the Pakistani government began plans to modernize and upgrade the mint. Plans include replacing obsolete machinery to increase productivity, quality and output-effectiveness. Plans also include boosting qualifications and expertise of the mint's employees.