Tue, 19 Oct 2010


VIVAnews - A US investor, Warren Buffet, is willing to put in investment in Indonesia. Through Build Your Dreams Co Ltd Investor, a China-based manufacturer of batteries and electric cars, he will channel the investment.

"The Indonesian vice president is scheduled to meet BYD CEO on October 20 at 3 p.m," said vice presidential spokesperson Yopie Hidayat in China, yesterday.

"The status is for the time being under confirmation. Hopefully, he'll be investing in Indonesia," said Yopie.

Wang Chuanfu, BYD CEO, is the richest man in China while Warren Buffet is listed third world's richest man by Forbes magazine.

Established seven years ago, BYD has now become the sixth top automotive company in China. The company has been one of those parties in China which determines whether or not electric or hybrid cars will be used publicly in the long run.