AVTOVAZ, Kazakhstan plant "ASIA AUTO" and NC "SEC "ERTIS" signed in Ust-Kamenogorsk Memorandum on strategic partnership, which provides for the creation of full production cycle. The new plant is planned to produce 120 thousand cars per year, the press service of the Volga automobile plant. In the framework of the agreement on industrial Assembly, signed in June 2010 between the Government of the Republic of Kazakhstan and JSC "ASIA AUTO" in the East Kazakhstan region will be launched industrial complex full cycle. The new production is thousands of skilled jobs for Kazakhstan and about 0.5 billion dollars of investment. In accordance with this agreement, in 2012, the two sides will begin construction of a plant to full production cycle hire: the line of welding, painting, Assembly and production of components. The launch of the first phase of production (90 thousand cars a year by 2015, with the second phase (30 thousand cars per year) in 2017. Produced in Kazakhstan cars will be sold in the markets of Central Asia, Transcaucasia, Siberia and far East regions of Russia. Recently the head of AVTOVAZ told about future plans for the plant "IzhAvto".