Macau had 913 industrial establishments at the end of 2018, a reduction of 20 units year-on-year, according to the Statistics and Census Bureau, which said that these establishments include manufacturing industry, as well as those from the production and distribution of electricity, gas and water sectors.
The number of workers employed by these industrial establishments also fell to 12,313 people, a drop of 190 people year-on-year.
Gross value-added, reflecting the economic contribution of the sector, was 5.27 billion patacas, down 3.3% year-on-year and gross fixed capital formation, or investment, reached 1.89 billion patacas, an increase of 60.5%, according to the Statistics and Census Bureau.
The drop in the number of industrial establishments occurred only in manufacturing industry, whose number fell to 907 units from 927 in 2017, with the number of workers falling 1.5% to 11,201.
The large increase in gross fixed capital formation occurred in electricity, gas and water production and distribution establishments, with investment reaching 1.61 billion patacas, a year-on-year increase of 85.9% due to the acquisition of more machinery and equipment. (Macauhub)