Guatemala: Businessmen Present Security Plan

A plan for combating insecurity will be presented at Enade 2009, the National Businessmen Encounter.

Monday, October 5, 2009

Felipe Bosch, president of Enade's organizing committee, said that insecurity is a bigger problem than economic crisis. He argues that multinational companies have left the country because of the violent environment and high levels of crime, causing loss of jobs and less economic activity.

"If we don't take action soon, the country's development will be halted, as one of the most important pillars of competitiveness is security", stated Bosch.

ENADE's plan is inspired on similar actions undertaken in Medellín, Colombia, where excellent results were achieved with coordinated efforts between municipal governments, companies and society.

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Private Companies Spend More on Security than State

April 2013

In El Salvador, the state budget allocated to security is $500 million a year, while the total amount invested by private enterprises for self-protection is $600 million.

"The combined budgets (National Civil Police, the Attorney General's Office and the Armed Forces of El Salvador) total about $500 million and the private sector invests over $600 million annually on security issues," said Jorge Daboub, president of the National Association of Private Enterprise (ANEP).

Panama Announces Actions Against Crime

May 2010

President Ricardo Martinelli announced that in the next weeks the Legislative Assembly will prioritize security projects.

After one year in office, Martinelli admitted that crime has been a very tough topic for his government. “Insecurity is an old problem, it is not solved by building a school or making a road, but we are preparing a good blow to crime”, he said.

El Salvador Could Hire Security Consultancy

January 2010

President Mauricio Funes is analyzing the possibility of hiring international advisors to fight crime.

The official indicated he will continue working with his Security Cabinet, handling different proposals and ideas.

“During the X National Encounter of the Private Enterprise (ENADE), Funes invited businesses to coordinate efforts with the government to fight organized crime, insecurity and violence, as they hamper productivity”, reported

High Crime Rates Halt Investment

April 2009

Even though Panama is not the country in Central America most affected by crime and violence, there is already a warning about the cost of rising insecurity.

Panamanian companies are seeing an increase in their security costs and they are starting to worry about the consequences on the investment climate in the country, especially the possible decline in tourism.

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