Direct Investment Statistics for 2008

Information from the Statistics and Census Service (DSEC) indicated that inward foreign direct investment (FDI) amounted to MOP 23.93 billion in 2008, up by 5.41 billion over 2007, with the investment in the Gaming Sector accounting for 69.1% of the total, at MOP 16.54 billion. Analyzed by investors’ place of usual residence, investment came mainly from Hong Kong (MOP 6.47 billion), the United States (MOP 5.96 billion) and Mainland China (MOP 5.62 billion). In addition to a disinvestment of MOP 744 million of outward FDI of local enterprises, Macao registered a net FDI inflow of MOP 24.67 billion in 2008. In 2008, income earned by investors from inward FDI totalled MOP 21.97 billion, a significant increase of MOP 10.80 billion year-on-year. On the other hand, Macao enterprises recorded a loss of MOP 245 million from outward FDI. At the end of 2008, stock of inward FDI to Macao reached MOP 88.43 billion, an increase of 15.69 billion from 2007. Analyzed by industry, the Gaming Sector took a dominant share of MOP 60.43 billion, up by MOP 11.92 billion year-on-year; meanwhile, stock of FDI of the Financial Sector (MOP 17.56 billion) and the Construction Sector (MOP 3.59 billion) rose by MOP 4.46 billion and MOP 141 million respectively. Stock of FDI from Hong Kong amounted to MOP 32.30 billion in 2008, down by MOP 1.50 billion year-on-year; however, stock of FDI from the United States (MOP 17.67 billion) and Mainland China (MOP 9.91 billion) increased by MOP4.30 billion and MOP3.24 billion respectively. Furthermore, stock of outward FDI made by Macao enterprises amounted to MOP 8.10 billion at the end of 2008, down by MOP 792 million from 2007. Outward FDI was mainly invested in the British Virgin Islands, Hong Kong and Mainland China. Direct Investment Statistics facilitate analysis of FDI profile between Macao and other economies. For statistical purposes, Macao and Mainland China are considered as two separate economies. Coverage of the Direct Investment Statistics included the major industries of Macao, namely Industrial Production; Construction; Wholesale & Retail; Hotels; Restaurants; Transport, Storage & Communications; Real Estate Agencies; Financial Services; Gaming; and Cultural, Recreational & Other Services. In 2008, Macao had 2,020 FDI enterprises, with 1,970 engaging in the Non-Financial Sector and 50 in the Financial Sector.