The first time that Porsche is building a factory outside of Europe in 90 years in …..Malaysia. https://newsroom.porsche.com/en/2021/company/porsche-asia-growth-engineering-capacity-china-assembly-capacity-malaysia-25558.html
High import taxes and an increasing living standard are the drivers for this. https://www.worldbank.org/en/news/press-release/2021/03/16/aiminghighmalaysia
Porsche must have a lot of confidence in the business climate of Malaysia. That’s a good thing to know.
The first time that Porsche is building a factory outside of...
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