Macau received 26.3 billion patacas (US$3.287 billion) in foreign direct investment (FDI) in 2014, a fall of 27.2 percent compared to 2013, reported the region’s Statistics and Census Bureau.
The fall was partly due to companies that received foreign investment paying dividends, so reinvestment declined.
The investment was applied mainly applied to the gaming and gambling sector (12.4 billion patacas) banks and brokerage (4.9 billion patacas) and wholesale and retail trade (3.6 billion patacas).
By origin, the FDI came from the British Virgin Islands (8.4 billion patacas), Cayman Islands (5.7 billion patacas) and Hong Kong (5.5 billion patacas).
In turn, direct investment abroad by companies from the region amounted to 5.4 billion patacas, so the net value of direct investment was 20.9 billion patacas in 2014, the Statistics and Census Bureau said.
At the end of 2014 the value of the stock of foreign direct investment in Macau stood at 218.9 billion patacas (US$27.362 billion), increasing by 15.5 percent compared to 2013. (macauhub/MO)