Macau receives US$1.38 billion in foreign investment in 2005

28 November 2006

Macau, China, 28 Nov – In 2005 Macau received a total of 10.59 billion patacas (US$1.38 billion) in foreign direct investment (FDI), 84.7 percent of which came from Hong Kong and the United States of America, according to official figures.

Figures from the Statistics and Census Service showed that of total FDI 4.56 billion patacas were from Hong Kong and 4.41 billion from the United States, mainly in the gaming sector.

Companies and businesspeople from the Chinese mainland invested 440 million patacas in the period.

Investment by Macau businesspeople abroad totaled 380 million patacas.

At the end of 2005 there were 1,314 companies with foreign direct investment, 1,267 of which were involved in non-financial activities, and 47 to financial activities. (macauhub)