Macau receives US$2.765 billion in foreign investment in 2009

30 November 2010

Macau, China, 30 Nov – Macau received 22.12 billion patacas (US$2.765 billion) in foreign direct investment (FDI) in 2009, or 1.34 billion patacas more than in 2008, the region’s Statistics and Census Bureau said Friday in Macau.

Most of the FDI – 70.7 percent – was applied to the gaming and gambling industry, which was followed by the financial sector (3.49 billion patacas) and wholesale and retail trade (1.54 billion), which accounted for 15.8 percent and 7 percent of the total, respectively.

In 2009, FDI into Macau came from the United States (8.86 billion patacas), from Hong Kong (7.23 billion patacas) and the Cayman islands (2.28 billion patacas).

In their turn, companies from Macau divested in foreign markets and brought back 5.66 billion patacas to the region, which raised total investment in Macau in 2009 to 27.77 billion patacas.

At the end of 2009 there were 2082 companies with foreign direct investment, 2033 of which were involved in non-financial activities, and 47 to financial activities, the Statistics and Census Bureau said. (macauhub)