Outward direct investment decreases 31pct in 2016

Outward direct investment flows of Macau enterprises recorded a value of negative MOP7.89 billion in 2016, due to loan repayments made by overseas companies of gaming enterprises.

This resulted in a net direct investment inflow of MOP19.70 billion, the Statistics and Census Service (DSEC) stated.

As at the end of 2016, stock of outward direct investment decreased by 31.6 percent year-on-year to MOP17.13 billion.

Investment in Hong Kong and mainland China amounted to MOP6.5 billion and MOP5.61 billion respectively. For the latter category, investment was mainly concentrated in Guangdong Province (MOP3.91 billion), with Zhuhai taking up 62.8 percent (MOP2.45 billion).

Outward direct investment income earned by Macau enterprises dropped by 57.1 percent year-on- year to MOP359 million, with gaming enterprises’ income falling by 33.1 percent to MOP316 million.

Outward direct investment stock for gaming shrank by 51.7 percent year-on-year to MOP9.58 billion.

Inward direct investment flows increased by 31.9 percent year-on-year to MOP11.81 billion in 2016, as some banks and gaming enterprises retained profits for reinvestment.

Analyzed by industry, direct investment inflows were recorded in banks and securities (MOP4.91 billion), insurance (MOP3.59 billion) and construction (MOP2.58 billion),

Analyzed by territories of direct investors’ usual residence, inward direct investment flows came mainly from Hong Kong (MOP9.06 billion), mainland China (MOP4.87 billion) and the British Virgin Islands (MOP2.52 billion). The Cayman Islands continued to record a negative inflow of MOP10.04 billion.

Categories Macau