According to official data, most of the investment reported in the SAR last year came from offshore jurisdictions.
Macau.- The Monetary Authority of Macau (AMCM) has revealed data confirming that 76 per cent of the MOP54bn (US$6.7bn) in inward direct investment reported in the SAR last year was made by investors based in the Cayman Islands and the British Virgin Islands.
The rest of the investment was made by companies based in mainland China (MOP7.95 billion) and Hong Kong (MOP3.48 billion).
According to the AMCM, the volume of inward direct investment flows in Macau jumped by 167.8 per cent year-on-year to MOP53.99bn in 2019.
Investment in the gaming sector amounted to almost 80 per cent of the total direct investment, about MOP43.31bn, followed by the financial activities sector with MOP8.52bn. The investment in each sector increased by 6.1 per cent and 5.2 per cent year-on-year respectively.
The report reveals that stock of inward direct investment in the gaming sector rose by 37.2 per cent year-on-year in 2019 to MOP181.21bn, of which the Cayman Islands and the British Virgin Islands accounted for 42.4 per cent and 35.6 per cent respectively.
Mainland Chinese investors represented 57.7 per cent of the capital going into investment stock in financial activities, which grew by 12.8 per cent to MOP83bn last year.
Investment stock in the wholesale and retail sector went up by 5 per cent year-on-year to MOP 31.57bn, of which Hong Kong contributed 44.6 per cent.