Porsche AG’s decision to establish an assembly plant in Malaysia will lead to the creation of high-quality jobs and niche technology capabilities which in turn will solidify the country’s National Investment Aspirations (NIA), said Senior Minister cum International Trade and Industry Minister Mohamed Azmin Ali.

This is based on Porsche’s reputation as a high-performance car manufacturer that demands state-of-the-art technology and precision engineering, he said in a statement today.

The renowned German automobile manufacturer...