Information from the Statistics and Census Service (DSEC) indicated that inward foreign direct investment (FDI) flows amounted to MOP 5.19 billion in 2011, down significantly by MOP 17.47 billion year-on-year, on account of increased dividend payouts to shareholders of enterprises that drove up outflow of funds. Analysed by investors' place of usual residence, FDI inflows came mainly from the British Virgin Islands (MOP 8.43 billion), the United States (MOP 3.35 billion) and Mainland China (MOP 2.29 billion); the majority of inflows was invested in Cultural, Recreational & Other Services (MOP 4.25 billion), Wholesale & Retail (MOP 3.21 billion) and the Financial Sector (MOP 1.61 billion). On the other hand, outward FDI flows from Macao enterprises amounted to MOP 965 million, resulting in a net FDI inflow of MOP 4.22 billion in 2011. Inward FDI income earned by foreign investors totalled MOP 46.71 billion in 2011, up notably by MOP 18.36 billion year-on-year, of which income earned from the Gaming Sector reached a record high of MOP 30.90 billion (66.1% of total). Meanwhile, Macao enterprises also registered an income of MOP 1.28 billion from outward FDI. At the end of 2011, stock of inward FDI amounted to MOP 118.90 billion, up by MOP 9.86 billion year-on-year. Analysed by industry, stock of inward FDI in the Gaming Sector reached MOP 67.80 billion, followed by that in the Financial Sector at MOP 25.50 billion and Wholesale & Retail at MOP 10.55 billion. Analysed by investors' place of usual residence, inward FDI stock was mainly financed by investors from the Cayman Islands (MOP 41.08 billion), Hong Kong (MOP 31.09 billion) and the British Virgin Islands (MOP 18.61 billion). Meanwhile, stock of outward FDI by Macao enterprises amounted to MOP 5.38 billion in 2011, up by MOP 972 million year-on-year, with investment in Hong Kong sharing MOP 4.47 billion. Direct Investment Statistics facilitate analysis of FDI profile between Macao and other economies. For statistical purposes, Macao and Mainland China are considered as two separate economies. Coverage of the Direct Investment Statistics included the major industries of Macao, namely Industrial Production; Construction; Wholesale & Retail; Hotels & Restaurants; Transport, Storage & Communications; Financial Services; Gaming; and Cultural, Recreational & Other Services. In 2011, there are 1,993 inward FDI enterprises, with 1,943 engaging in the Non-Financial Sector and 50 in the Financial Sector.
