Direct investment in Macau grew 662.4% y-on-y in 2018
Friday 01 de November 2019 / 02:43
⏱ 1 min read
(Macau).- A total of MOP 26.86 billion (US$ 332.7 million) in direct investment in Macau was recorded in 2018, a jump of 662.4 % year-on-year attributed to higher investment in the local gaming and banking sectors.
Direct investment in the gaming sector totalled MOP19 billion (us$ 2.3 billion) last year, about 70.7 per cent of the total investment in the city, while investment in the banking and financial sector reached MOP 6 billion (US$ 743 million). However, direct investment in real estate development, leasing & sale activities recorded a negative inflow of MOP 1.16 billion (US$ 143 million).
Income earned by direct investors in Macau in 2018 increased 18.8 per cent year-on-year to MOP 72.3 billion (US$ 8.9 billion), with income earned in the gaming sector rising 15 per cent MOP 42.5 billion (US$ 5.2 billion).
Inward direct investment flows from the British Virgin Islands repesented 39 per cent of the total investment last year or MOP 10.5 billion (US$ 1.3 billion), having increased 40 per cent year-on-year.
Direct investment in Mainland China accounted for 22 per cent of the total and went up by a considerable 78.3 per cent in 2018 to MOP 5.9 billion (US$ 730 million) while investment flows from Hong Kong dropped 16.8 per cent to MOP 4 billion (US$ 495 million).
As at the end of 2018, stock of inward direct investment totalled MOP 292.83 billion (US$ 36.2 billion), up by 9.8 per cent year-on-year; with MOP84.03 billion in investment stock from Hong Kong, the British Virgin Islands at MOP 80.79 billion and mainland China at MOP 51.32 billion (US$ 6.3 billion).
Outward direct investment flows of Macau enterprises reached MOP 2.22 billion (US$ 275 million) in 2018, up by 22.3 per cent year-on-year in 2018, with their investment income rising by 25.0 per cent to MOP 1.95 billion (US$ 241 million).
Categoría:Casino
Tags: Sin tags
País: Macao
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