Notes

1  The East Coast Rail Link will connect Port Klang and Kuala Lumpur to Pahang, Trengganu, and Kelantan. Bandar Malaysia is an urban redevelopment project near Sungai Besi Airport and will have a Kuala Lumpur-Singapore high-speed rail. Vision Valley is a metropolis development in Negeri Sembilan near Kuala Lumpur, which aims to be a modern, sustainable, high tech, and livable city.

2  Foreign holdings of local currency government bonds were 40% in Indonesia and 30% in Malaysia in December 2017.

3  Estimates given by informal interviews with several investors and project consultants operating in Southeast Asia in 2017.