Ne w mark e ts A corner s tone of Securit as ’ s tr ate gy is to gro w in new g eogr aphical mark ets outside North America, Europe and L atin America, and ser v e our g lobal cus tomer s in these re g i o n s . New mark ets are included under the Other headin g in our se gment reportin g. South Asia Securit as ’ oper ations in India comprise a partner ship bet w een Securit as and W alsons Ser vices. As one of the leadin g securit y ser vices pro vider s in India, the compan y has appro ximately 16 000 emplo y ees in o v er 180 cities. Ser vices include specializ ed guar din g, e x ecutiv e protection, tr ansport securit y and e v ent securit y . Securit as ’ lon g -term s tr ate gy of continuous benchmarkin g, sharin g bes t pr actices, kno wled g e of cus tomer needs and t ailored tr ainin g progr ams across all le v els of the or ganization has resulted in a solid base of indus tr y kno w -ho w . The ma jor competitor s in India are G4S , T ops Securit y , IS S and SIS . In Sri L ank a, Securit as oper ates with about 1 100 emplo y ees, oferin g guar din g ser vices to embassies, international non- g o v ernment al or ganizations (NGOs), commercial sites and residential cus tomer s nation wide . China and South Eas t Asia Securit as ’ or ganization in China is designed to ser v e as a platform for gro wth. Since the necessar y licenses for foreign securit y companies ha v e been dela y ed, de v elopment has been curbed. In T aiw an, Securit as mainly pro vides specializ ed guar din g ser vices for hig h-end residential buildin g s. Securit as has 1 000 emplo y ees in Hon g K on g, and the Group conducts oper ations in a v ariet y of k e y cus tomer se gments, includin g residential, tr ansport and log is tic s, fnance and education. Oper ations in Thailand, which include technical securit y ser vices, has 1 300 securit y ofcer s, mainly in the hotel and tourism se gment . In V ietnam, where Securit as o p e ra t e s i n a partner ship with Lon g Hai Securit y , the t o t a l n u m b e r of emplo y ees is 2 200. The compan y oper ates throug hout V ietnam, pro vidin g mainly guar din g ser vices. In Sin gapore , Securit as is the number one pro- vider of unarmed priv ate securit y ser vices, with appro ximately 1 000 emplo y ees. The cus tomer portfolio is w ell-div er sifed across cus tomer se g - ments and bet w een public and priv ate sector s. In Indonesia, Securit as acquired the ma jor securit y ser vices compan y with guar din g ser vices to embassies in April 2012, and no w has 1 200 emplo y ees. Securit as entered the securit y ser vices mark et in Cambodia in September 2012. Middle Eas t and Africa In the Middle Eas t and Africa, Securit as has securit y ser vices oper ations in Egypt , Jor dan, M orocco , Saudi Ar abia, South Africa and the U nited Ar ab Emir ates. Securit as has 2 000 emplo y ees in Egypt . M os t cus tomer s are multinational companies and the s tron g gro wth is partly a consequence of the securit y situation follo win g the de v elopment in the countr y since 2011. The South African oper ations continue to gro w and Securit as in v es ts in tr ainin g and sharin g bes t pr actices in or der to r aise indus tr y s t andar ds. Securit as has o v er 3 000 emplo y ees in South Africa, with oper ations in guar din g, mobile , alarm monitorin g, technology , forensic s and risk mana g e- ment ser vices. In the U nited Ar ab Emir ates, Securit as has o v er 1 300 emplo y ees and nation wide oper ations. 23 Oper ations New mark ets Securit as Annual R eport 2012