Sri Lanka, Oct. 14 -- The Government will convert the State Printing Corporation into an advanced, technology-driven security printing institution under a strategic diversification programme called the "Smart Print Initiative,".

Cabinet Spokesman and Health and Mass Media Minister Dr. Nalinda Jayatissa speaking at the weekly Cabinet press briefing yesterday (13), said the State Printing Corporation, established in 1968, functions as the main State institution for printing school textbooks, official Government publications and documents of State institutions.

"Although the Corporation has reported financial profits continuously in recent years, a challenging situation has arisen regarding its production efficiency and cost competitiveness ...