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The 10 Largest TNCs from Developing Countries
Ranked by Foreign Assets

1999

Asset and Sales Figures in $US Millions

Corporation
 Home Country Industry Foreign Assets Total Assets Foreign Sales Total Sales
1. Hutchinson Whampoa Ltd.
 Hong Kong, China Diversified ... 48,532 2,107 7,132
2. Petroleos De Venezuela
 Venezuela Petroleum 8,009 47,250 13,332 32,600
3. Cemex S.A.
Mexico Construction 6,973 11,896 2,504 4,841
4. Petronas
 Malaysia Motor Vehicles ... 31,992 ... 15,957
5. Samsung Corporation
 Korea Diversified/Trade 5,127 21,581 6,339 37,180
6. Daewoo Corporation
 Korea Diversified/Trade ... 16,460 ... 18,618
7. Lg Electronics Inc.
 Korea Electronics/Electrical Equipment 4,215 17,273 6,383 15,590
8. Sunkyong Group
 Korea Energy/Trading/Chemicals 4,214 34,542 10,762 43,457
9. New World Devlpmt. Co.
 Hong Kong Construction 4,097 14,789 368 2,259
10. Samsung Electronics Co.
 Korea Electronics/Electrical Equipment 3,907 25,487 5,214 28,024

Source: World Investment Report 2001

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