In the Line of Fire
Transport, tourism and housing are just some of the sectors susceptible to Mexico’s deteriorating drug violence. Security costs are becoming a concern for Mexican companies.
Despite the Mexican governments efforts in the war on
drugs and GDP growth of 5.5% in 2010, a majority of companies
in a recent survey on security say Mexico is now more dangerous
than a year ago. Companies say they are increasing the amount
they are spending on security measures.
Kroll, a risk mitigation firm, received almost double the
response to its survey on the impact of security on the private
sector than it received last year, according to David
Robillard, managing director of Krolls Mexico office.
The issue of security is definitely top of the mind as it
is seen as one of the factors that contribute to investment
Krolls survey, conducted together with American
Chamber of Commerce of Mexico, received over 500 responses to
its 2011 survey from directors of foreign and local companies
in the service,...
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