Word: alabuga
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Dates: during 2000-2009
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...things are looking up. Yelabuga may be getting some economic help from an unlikely quarter. On the outskirts of the city lies the Alabuga special economic zone (SEZ) where, among a smattering of grime-encrusted buildings and two unfinished helipads, Great Wall Motor, one of China's up-and-coming automakers, plans to build a $70 million factory capable of churning out 50,000 cars and SUVs a year. If it gets a green light from Russian officials, the factory will be Great Wall Motor's sixth overseas manufacturing facility - and one of the company's launching pads...
...Meanwhile, Great Wall Motors is waiting for Russia's Ministry of Industry and Energy and the Federal Customs Service to give the go-ahead to build its planned factory in the Alabuga SEZ. Wang, the Great Wall Motor president, says her company "cannot lose the Russian market," partly because Russia is seen as a stepping-stone to Eastern Europe and Central Asia. But if Moscow decides to throw up roadblocks, Chinese carmakers - and Yelabuga - could be stuck in neutral for years to come...
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