Warren Buffett makes an electric car factory in Indonesia


Conglomerates from the United States (U.S.), Warren Buffett, will invest in Indonesia. Through the company's battery and electric car maker Build Your Dreams (BYD) Co. Ltd. Investors are based in China, Buffet interested in investing in Indonesia.

"Scheduled at around 15:00, on 20 October 2010, the Vice President will meet CEO BYD (Wang Chuanfu)," a spokesman for Vice President Yopie Hidayat told reporters in Nanning Hotel, Nanning, China, Tuesday, October 19, 2010.

Yopie can not give detailed explanation of what the realization of the plan. "Currently the status is still to be confirmed. Hopefully, he will invest in Indonesia," said Yopie.

BYD boss in China, Wang Chuanfu, is the richest person number one on the Bamboo Curtain country. While Warren Buffet, 79-year-old billionaire, is the third richest person in the world according to Forbes magazine.

BYD newly established seven years ago has now become the sixth largest automotive company in China. Indonesia Today


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