El Salvador: Security Costs Reach 11%

Security costs at Salvadoran companies are on the rise, together with recent increases in crime.

Monday, September 14, 2009

The American Chamber of Commerce of El Salvador (AmCham), showed its concern for the issue, which generates expenses unrelated to the natural cost structure of each activity.

Carmen Aída Muñoz, AmCham's executive director, "called on the government to make a greater effort to fight crime, and to further coordinate those entities in charge of security".

She also "qualified recent felonies by organized crime as more sophisticated, while adding that changes in gang behavior have costed an increase in serious offenses, such as kidnappings".

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