China Reveals Security StrategyFor 2008 Olympic Games

Sep 1, 2007 12:00 PM

The Security Industry Association (SIA) has released its China Olympic Security Update, a comprehensive analysis of China's investment in security products and services for the 2008 Olympic Games in Beijing. Created in collaboration with SINOTRUST, SIA's Olympic Update examines the myriad security challenges and the technologies being deployed to safeguard both Beijing and the many Olympic venues.

“This report underscores that the Olympic Games not only showcase world-class athletes, they showcase world-class security technologies and services from our industry,” says Richard Chace, SIA executive director and CEO. “People across the globe will be wondering how one of the world's premier events will deal with security threats and issues. SIA's China Olympic Security Update goes a long way toward answering those questions.”

The Olympic Update is a companion piece to SIA's China Security Market Report, the definitive analysis of China's electronic security market. That report analyzes the social and economic factors driving demand; the size and growth of the Chinese security industry, including a forecast through 2010; and the size and growth of 11 vertical markets. In December 2007, SIA will release an additional update on the 2010 World Expo in Shanghai.

Olympic Update highlights include:

• Total investment for the Beijing Olympic Games is $36.3 billion. Investors include the central government, local governments of host cities, Beijing Organizing Committee for the Games of the 29th Olympiad and social groups.

• Based on the security investment for the Athens and Sydney Olympic Games, Beijing expects to invest $300 million for security of the Olympic venues. In terms of purchasing power parity, it is equivalent to $720 million.

• State of the art RFID technology will be integrated with building intelligence systems for seamless interoperability. Signals from security devices, such as electronic ticketing systems, will be transmitted to monitoring centers where ticket-holders' whereabouts are tracked. Meanwhile, extensive video monitoring systems will be relied upon heavily to capture and record any breach in security.

• According to data from the Beijing Municipal Public Security Bureau, the Olympic Security Protection investment totals $300-400 million, covering the cost of personnel protection, physical protection and technical protection.

• The five major security systems are the video monitoring system, the burglar-alarm system, the access control system, the electronic ticketing system and the security detection system, totaling an investment of about $115 million.

• Investment in video monitoring systems is $28.5 million. The video monitoring systems ranked first, accounting for 33 percent of the total. The reason for this is that a large number of spy/CCTV cameras are installed in and around the venues.

• Olympic sponsors that will provide security protection products include GE Security, Honeywell, Panasonic, Pelco and Siemens

• Between 2001 and 2008, the security investment in the Grand Beijing Safeguard Sphere is estimated at $6.5 billion, predominantly for construction of the Beijing video monitoring system. Chief investors are social forces and organizations, such as financial organizations, universities, large-scale shopping malls, hotels, internal enterprises and residential communities.

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