The best story in Asia’s emerging markets is the relatively strong domestic economy in nations such as India, the Philippines, Indonesia, Thailand and Vietnam. This is pumping fresh lifeblood into the infrastructure and then on into the real-estate sectors of those fast-growing nations.
The Philippines and Indonesia are expressly spending heavily on infrastructure in a bid to create better interconnections within nations that, frankly speaking, are hugely problematic to govern given their vast connection of islands. The Philippines has around 7,100, give or take. And Indonesia? Oh, that’s only the largest archipelago in the world, more than 17,000 islands in all.