Warren Buffett, a gigantic investor is watching to enhance his investments in
Asia to valve more into the constituency's development.
He said his company Berkshire Hathaway wants to purchase whole business or huge shares in
. Mr. Buffet is on his visit to South Korea to watch over the start of construction at TaeguTec, a metal-cutter developing firm which he purchased in 2006. Korea
As per Forbes magazine survey, he is the third wealthiest man in the world.
Berkshire has already taken over stakes in South Korean steel maker POSCO and Chinese car and battery manufacturer BYD.
Last month on the occasion of annual letter to shareholders, Mr. Buffett said we required main achievement to enhance more. Last week, Mr Buffett got one of his biggest gaining ever, as he decided to purchase chemical and lubricants company Lubrizol in a deal worth $9bn.
Though Mr. Buffett’s company is founded in the
but he said he is keeping his options open for more achievements. US
We are analyzing to purchase biggest businesses to purchase and can make investment in any country. Mr Buffett will carry on his Asian trip with a visit to
on Tuesday. India
He will begin his firm's insurance selling threshold in the country and also get together with industry owners there.