OREANDA-NEWS. In the North Caucasus it will be a special economic zone for the production of cars, which will be formed on the territory of three subjects of North Caucasus Federal District - Stavropol Territory, Karachay-Cherkessia and the Chechen Republic.

"Agreement on the establishment of a special economic zone "Circassian-Argun-Stavropol" by all three heads was ratified. Our application has already been submitted to the Ministry of Economic Development. If all of us together work hard, then in six months special economic zone will be created, "- said the governor of the Stavropol region, Vladimir Vladimirov. According to him, Stavropol Territory in the next two years is going to form its part of automotive cluster. It is about creating the production of passenger cars of the leading Chinese brands with a capacity of 200 thousand cars per year. The first stage of the production for 100 thousand cars per year will make about 2 million new jobs. In parallel, it will be ensured the development of production of components and joint assemblies for cars. By 2022, the level of localization of production is expected to reach 50%.