Information from the Statistics and Census Service (DSEC) indicated that inward direct investment flows decreased by 79.9% year-on-year to MOP 3.01 billion in 2017. The decline was due to a reduction in the amount of reinvestment resulted from a generous distribution of dividends by some gaming enterprises, as well as the repayment of loans from foreign direct investors and fellow companies abroad. Analysed by industry, inflows of direct investment in Financial Activities and the Construction sector totalled MOP 5.37 billion and MOP 1.13 billion respectively, while the Gaming sector recorded negative inflow (-MOP 3.05 billion). Analysed by country/territory of usual residence of direct investors, inward direct investment flows came mainly from the British Virgin Islands (MOP 6.11 billion), Mainland China (MOP 3.56 billion) and Hong Kong (MOP 3.33 billion), whereas inflow from the Cayman Islands remained negative (- MOP 8.64 billion).
In 2017, inward direct investment income rose by 20.4% year-on-year to MOP 58.65 billion. Income from direct investment in Gaming (MOP 37.85 billion) increased by 34.5%, while that in Financial Activities (MOP 11.93 billion) and Wholesale & Retail (MOP 4.37 billion) dropped by 6.0% and 1.6% respectively.
As at the end of 2017, stock of inward direct investment of Macao totalled MOP 227.42 billion, down by 7.3% year-on-year. Analysed by industry, inward direct investment stock in Gaming decreased by 21.5% to MOP 97.64 billion, of which the British Virgin Islands and the Cayman Islands accounted for 49.9% and 19.8% respectively. Financial Activities had MOP 68.21 billion (+14.4%), of which 56.5% was capital from Mainland China; Wholesale & Retail had MOP 28.73 billion (+1.4%), with investment from Hong Kong contributing 59.8%. Analysed by country/territory, stock of inward direct investment from Hong Kong (MOP 73.15 billion) and the British Virgin Islands (MOP 61.74 billion) went up by 5.2% and 8.3% respectively; meanwhile, stock of direct investment from Mainland China (MOP 45.72 billion) increased by 16.8%, whereas that from the Cayman Islands (MOP 24.04 billion) fell by 57.1%.
Outward direct investment flows of Macao enterprises totalled MOP 1.32 billion in 2017. Income earned by Macao enterprises rose by 290.4% year-on-year to MOP 1.42 billion. Analysed by industry of Macao enterprises, income of Gaming and Industry Production grew by 197.8% and 333.3% year-on-year to MOP 941 million and MOP 455 million respectively. As at the end of 2017, stock of outward direct investment increased by 12.4% year-on-year to MOP 19.27 billion. Investment in Mainland China totalled MOP 10.37 billion, which was mainly concentrated in Guangdong (MOP 8.32 billion), with Zhuhai taking up 74.3% (MOP 6.19 billion); besides, investment in Hong Kong amounted to MOP 8.16 billion. Analysed by industry of Macao enterprises, outward direct investment stock in Gaming fell by 29.9% year-on-year to MOP 6.71 billion, whereas that in Other Services expanded by 217.9% to MOP 5.34 billion.
Direct Investment Statistics provide an analysis of the direct investment profile of Macao with other economies. For statistical purposes, Mainland China and Macao 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.