Saturday 5 December, 2020

76% of direct investment to Macau comes from Cayman & BVI

Monetary Authority of Macau

Monetary Authority of Macau

According to the Monetary Authority of Macau (AMCM) about 76 per cent of the US$6.7 billion in inward direct investment reported in Macau last year was made by investors residing in the Cayman Islands and the British Virgin Islands.

Investment from the Cayman Islands totaled US$3.85 billion and from the British Virgin Islands came to US$1.28 billion.

The remaining investment was made by investors based in mainland China and Hong Kong.

The volume of inward direct investment flows in Macau jumped significantly by 167.8 per cent year-on-year, according to the AMCM.

Investment in the gaming sector amounted to almost 80 per cent of the total direct investment, followed by the ‘financial activities’ sector, with both having increased by 6.1 per cent and 5.2 per cent year-on-year, respectively.

At the same time stock of inward direct investment in the gaming, sector rose by 37.2 per cent year-on-year in 2019 to US$22.7 billion, of which the Cayman Islands and the British Virgin Islands accounted for 42.4 per cent and 35.6 per cent, respectively.

Mainland China investors represented 57.7 per cent of the capital going into investment stock in financial activities, which grew by 12.8 per cent last year.

Investment stock in the Wholesale & Retail sector went up by 5 per cent year-on-year, of which Hong Kong contributed 44.6 per cent.

Meanwhile, outward direct investment flows of Macao enterprises risen by almost 292 per cent year-on-year in 2019.

Most outward direct investment was made by local enterprises engaged in Real Estate Development, Leasing & Sale Activities, or in the Gaming sector.

The statistics cover Macao enterprises engaged in Industrial Production; Construction; Wholesale & Retail; Hotels & Restaurants; Transport, Storage & Communications; Financial Activities; Gaming; Real Estate Development, Leasing & Sale Activities; and Other Services; however, personal investment and investment of enterprises operating in other industries not specified above are excluded.

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