Ingush president urges large Chinese business to invest into republic

Ingush President Yunus Bek-Yevkurov invited Chinese investors to set
up a car manufacturing plant in the North Caucasus republic while
presenting Ingushetia's investment projects at Russia's pavilion at
the Shanghai Expo 2010, RIA Novosti reports.

"Chinese business should go beyond market trading since we are
interested in it taking up the development of the fuel-energy,
agro-industrial complex, as well as house building and automobile
manufacturing. We are also interested in creating jobs for women,
especially in clothing manufacture," he said.

Ingushetia presented a variety of projects at the Expo-2010. Yevkurov
plans to establish ties with Chinese partners that will allow for
cheaper imports into the region and create new jobs.

"Come and we will provide you with total security," Yevkurov said,
commenting on Chinese journalists' questions about the security
aspects of running business in the volatile republic.

The 2010 World Expo is being held in Shanghai until October 31. Up to
70 million people are expected to visit the city for the event, which
has seen investment of up to $4 billion. Over 200 countries,
corporations and international organizations are taking part.