PI Newswire :: Private security business

Posted on March 9, 2012 by admin

Good governance in any society requires the safety and well-being of its citizens. Peace and harmony cannot be maintained by law-enforcement agencies alone. In any country of the world the many elements responsible for personal security include the individual, corporate bodies and the establishment. While private security has given significant support to law-enforcement agencies in reducing their workload the maintenance of law and order, governments all over the world are increasingly turning to it as a cost-effective means. In the US and many other developed countries governments are increasingly giving policing functions to the private sector, handing over management of jails, investigation of crimes and patrolling of select places.

To its credit, the federal ministry of interior, assisted by the intelligence agencies, has prevented private security companies from becoming ?private military companies.? Many such entities have become that in the US, the UK and Europe because of the business of ?outsourcing? military tasks in war zones like Iraq and Afghanistan. ?Convoy protection? morphed into other areas with companies like Blackwater (now known as ?Xe Services?), even having their own aircraft and helicopter fleets. Mercenaries in all but name.

Private security is the driving force creating more jobs in the services sector at very small cost, a very potent economic force-multiplier. $50,000 in foreign exchange is required to create one job in the manufacturing sector. Contrast that with the less than $300 in rupee terms required, in training and verification, for an employment slot in private security.

In my article titled ?Private security? (August 2002), I wrote: ?For many years, successive governments have been trying to regulate private security companies which first came into operation in Pakistan in 1984 but really started proliferating since 1986. Special credit must go to Mr Abdul Hafeez Shaikh, the Sindh finance minister. In one short meeting he erased most of the difficulties the draft ordinance had posed for years.? Subsequently, the draft of an ordinance crafted by the Sindh government was emulated by the ministry of interior to regulate private security companies, ultimately being approved by the federal cabinet for the Islamabad Capital Territory in the early 2000s.

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Tags: Corporate Security, Finance, Intelligence Agencies, Law Enforcement, Outsourcing, Private Security

Source: http://www.pinewswire.net/article/private-security-business/

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