Direct investment statistics 2015

Information from the Statistics and Census Service (DSEC) indicated that inward direct investment flows declined by 66.7% year-on-year to MOP 9.1 billion in 2015. This was mainly due to a negative inward flow (- MOP 6.0 billion) in the Gaming sector as profits dropped and the amount of dividends paid exceeded its profits made in the year. On the other hand, inflows of direct investment were recorded in Banks & Securities (MOP 7.8 billion), Wholesale & Retail (MOP 3.9 billion) and Construction (MOP 2.4 billion). Analysed by country/territory of usual residence of direct investors, inward direct investment flows came mainly from Mainland China (MOP 7.4 billion), Hong Kong (MOP 3.2 billion) and the British Virgin Islands (MOP 2.8 billion); however, the Cayman Islands registered a negative inflow (- MOP 6.5 billion). In 2015, inward direct investment income dropped by 39.8% year-on-year to MOP 51.5 billion. Income earned by gaming enterprises (MOP 30.1 billion) and Wholesale & Retail (MOP 6.4 billion) decreased by 47.5% and 30.0%, while that in Banks & Securities (MOP 10.8 billion) rose by 17.8%. At the end of 2015, stock of inward direct investment of Macao reached MOP 231.8 billion, up by 5.0% year-on-year. Analysed by industry, inward direct investment stock in Gaming decreased by 4.8% to MOP 123.3 billion, with 49.5% coming from the Cayman Islands; Banks & Securities had MOP 46.5 billion (+22.9%), of which capital from Mainland China accounted for 60.7%; Wholesale & Retail had MOP 26.3 billion (+17.5%), with investment from Hong Kong contributing 58.1%. Analysed by country/territory, stock of inward direct investment from the Cayman Islands (MOP 65.8 billion) decreased by 9.1% year-on-year, but that from Hong Kong (MOP 59.1 billion) and the British Virgin Islands (MOP 54.4 billion) rose by 8.0% and 4.8% respectively; inward direct investment stock from Mainland China increased by 32.0% to MOP 34.7 billion, of which investment from Beijing made up 93.5%. Outward direct investment flows of Macao enterprises recorded a negative value (- MOP 5.5 billion), resulting in a net inflow of MOP 14.6 billion in 2015. At the end of 2015, stock of outward direct investment decreased by 19.4% year-on-year to MOP 24.7 billion; investment in Hong Kong amounted to MOP 5.6 billion, and that in Mainland China totalled MOP 4.2 billion, which was mainly concentrated in Guangdong (MOP 3.1 billion) with MOP 1.7 billion in Zhuhai (including Hengqin). Outward direct investment income earned by Macao enterprises increased by 22.2% year-on-year to MOP 0.8 billion, with that by Gaming enterprises (MOP 0.5 billion) rising by 19.2%. Outward direct investment stock in Gaming (MOP 19.8 billion) and Wholesale & Retail (MOP 3.0 billion) decreased by 22.9% and 9.9% respectively year-on-year. Direct Investment Statistics provide an analysis of the direct investment profile of Macao with other economies. For statistical purposes, Macao and Mainland China are considered as two economies. Coverage of Direct Investment Statistics comprises Macao enterprises engaging in Industrial Production; Construction; Wholesale & Retail; Hotels & Restaurants; Transport, Storage & Communications; Financial Services; Gaming; and Other Services; however, personal investment and enterprises operating in other industries not specified above are excluded. In 2015, there were 2,597 enterprises involved in inward direct investment and 64 enterprises in outward direct investment.