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The 50 Largest Non-Financial TNCs
from Developing Countries
Ranked by Foreign Assets1998
Asset and Sales Figures in $US Millions
Home Country Industry Foreign Assets Total Assets Foreign Sales Total Sales Venezuela Petroleum 7926 48816 11003 25659 South Korea Trade ... 22135 ... 30547 Hong Kong/Bermuda Diversified 5954 9565 7921 11230 Mexico Construction 5639 10460 2334 4315 Malaysia Petroleum 5564 26184 3757 11133 South Africa Pulp and Paper 4574 6475 3246 4308 Hong Kong Diversified ... 13389 2191 6639 Hong Kong Other 4086 7646 2527 2894 South Korea Diversified 3851 36944 12029 38274 Brazil Petroleum 3700 33180 1300 15520 Hong Kong Construction 3414 13465 376 2628 China Construction 3290 7300 1950 5890 Argentina Petroleum 3278 13146 880 5500 South Korea Electronics 3127 12824 4841 12213 China Trade 3000 4950 7920 13800 Singapore Diversified 2598 17321 376 2127 Brazil Transportation 1947 13539 3025 4321 South Korea Construction ... 7094 ... 3815 Hong Kong Diversified 1842 8771 908 1755 Chile Electric Utilities & Services 1697 16117 306 3406 Hong Kong Diversified 1695 2577 614 812 Philippines Food/Beverages 1676 3552 287 1811 South Korea Electronics ... 17213 ... 16640 China Steel/Iron 1610 6990 830 4270 South Africa Diversified 1574 2624 1734 3769 Singapore Transportation 1517 9944 3284 4508 Singapore Food/Beverages 1473 3993 1069 1507 Taiwan Diversified 1449 3304 4192 5267 Malaysia Diversified 1270 3198 1959 3178 Hong Kong Transportation 1247 1801 1820 1833 Argentina Petroleum 1145 4822 219 1309 Chile Electic Utilities & Services 1139 3477 185 599 Taiwan Electronics ... 4483 ... 2921 Brazil Food/Beverages ... 3862 ... 2639 South Korea Construction .. 5435 ... 2147 China Construction 860 2420 150 1540 China Trade 850 2260 880 3180 India Chemicals/Pharmaceuticals ... 5741 ... 3160 Chile Diversified 842 6459 142 2896 Mexico Food/Beverages 731 1738 833 1394 South Africa Food/Beverages ... 3812 2423 5877 Singapore Steel/Iron 685 1296 208 885 Hong Kong Tourism/Hotels 642 2346 58 274 Hong Kong Electric Utilities & Services 630 7115 180 3101 Brazil Diversified ... 2154 689 1535 Singapore Electronics 545 752 264 407 Singapore Food/Beverages 544 857 618 839 Brazil Steel/Iron 520 2849 357 1802 Brazil Food/Beverages ... 1738 ... 2204 Singapore Food/Beverages 452 465 262 271 Source: World Investment Report 2000
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