The loan proceeds signed with the CABEI will go towards the construction of police stations, purchase of safety equipment and vehicles and improving the capacity of criminal investigation.
From a statement issued by the Presidency of El Salvador:
San Salvador May 24, 2016.- The Central American Bank for Economic Integration (CABEI) and the Government of El Salvador today signed a loan amounting to US $100 million that will facilitate priority investments in infrastructure, basic and specialized police equipment which will increase the coverage of public safety services, reducing crime rates and violence by improving operational capacity and responsiveness.
Insecurity has meant an increase n the number of firms in the industry, and now they are focusing not only on the segment with the highest purchasing power, but on a new growing market consisting of traders and business managers.
Between $12 thousand and $40 thousand is the cost of amour plating a car in El Salvador, where growing insecurity has resulted in the emergence of a new market segment.
The National Water and Sewerage Administration in El Salvador is putting out to tender its entire vehicle fleet.
The tender is for the maintenance of light and heavy vehicles belonging to the Institution, during the year 2012 - Maintenance of vehicle fleet of the National Administration of Aqueducts and Sewers (ANDA).
The date for a pre-opening session is 8 June 2012. The expected date for submission of bids is June 22, 2012.
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Paying for armed custody, satellite tracking and “tolls” to armed gangs are some of the additional costs that must be paid when transporting goods in Central America.
Some transportation companies state that $14.000 must be paid each year in security related costs for a single truck carrying goods within the Central American region.
An executive from a Costa Rican company with regional operations confirmed that they pay an $80 toll to Guatemalan gangs to ensure safe circulation within that country’s capital city.
Executive training for dealing with violent situations seems to be a prerequisite to boarding a plane.
Business opportunities are rarely found across the street. It is no longer easy to find them without traveling, often to places where personal security risks are high. These dangerous places are not thousand of miles away, sometimes it is enough to mistake the route from an office to another within a city, to find ourselves suddenly in no man's land, exposed to kidnap or assault.
The need to protect assets and operations from the growing wave of violence and crime is pushing up the costs of security companies.
Costa Rica suffered losses of more than 13 million in the commercial sector due to criminal acts, and it spent $110 million during the same year on private security.
Among the options that companies are considering to diminish or improve the efficiency of expenditures on security, the implementation of technology through surveillance cameras and electronic detection is highlighted.
Upon growing insecurity and violent crime in the region, the protection offered by bullet-proof cars is sought more and more.
According to the report by Fernando Quiñónez in Siglo XXI, "The insecurity that Guatemalans perceive and that of some foreigners in their countries of origin has caused an increase in the demand for cars with the bullet-proof option."