Macao's inward direct investment surges by 167.8% in 2019

Macao's posted an inward direct investment of $6.76 billion in 2019, up 167.8 percent from the previous year as investments in the gaming and finance sectors totaled $5.43 billion and $1.07 billion.

In 2019, inward direct investment income rose by 8.6 percent year-on-year to $10.06 billion.

Income earned by inward direct investors in the gaming sector grew by 6.1 percent to $5.66 billion, while those from financial activities jumped 5.2 percent to $1.80 billion.

Meanwhile, the wholesale and retail sectors rose 1.9 percent respectively to $1.04 billion.

At the end of 2019, the accumulated inward direct investment totaled about $43.42 billion, up by 21.2 percent year-on-year.

Analyzed by industry, the accumulated inward direct investment in the gaming sector rose by 37.2 percent year-on-year to about $22.70 billion.

The accumulated inward direct investment stock in financial activities grew by 12.8 percent year-on-year to about $10.40 billion, with 57.7 percent of the capital coming from the Chinese mainland.