Macau, China, 28 Nov – In 2010 Macau received foreign direct investment (FDI) of 22.63 billion patacas (US$2.82 billion) a real rise of 15.97 billion patacas against the revised figure for 2009, the region’s Statistics and Census Bureau (DSEC) said.
Investment in the gaming and gambling sector totalled 15.61 billion patacas, or 69.0 percent of the total, folowed by investment in wholesale and retail trade (3.06 billion patacas) and in financial activities (2.12 billion patacas), which accounted for 13.5 percent and 9.4 percent of the total, respectively.
In terms of usual residence of the investors, investments mainly came from Hong Kong (9.41 billion), from the United States (5.48 billion patacas) and the Cayman Islands (5.40 billion patacas).
In their turn, companies from Macau divested in foreign markets, in the amount of 2.50 billion patacas, and thus the net figure for direct investment flow totalled 25.13 billion patacas, the Statistics and Census Bureau said.
At the end of 2010 the stock value of FDI was 109.1 billion patacas, rising 24.96 billion patacas against 2009.
In terms of business sectors, most FDI was invested in activities related to the gaming sector; the stock value of this investment totalled 70.28 billion patacas, of 15.94 billion patacas more than in 2009, followed by the financial sector (23.16 billion patacas) and in wholesale and retail trade (7.17 billion patacas), which accounted for 21.2 percent and 7.1 percent of the total, respectively. (macauhub)