OREANDA-NEWS. Chinese automaker Hawtai Motor intends to build a car plant in Russia with a capacity of 100 thousand cars per year and it will cost 1.1 billion Dollars. It was announced by Assistant to the President of the International Department Hawtai, Jeffrey Zhang, by adding that a decision may be taken in the next few months. Companies need a land of 100 hectares, among the options under consideration of the location of production - special economic zones (SEZ) in Tatarstan, Karachay-Cherkessia, Samara and Sverdlovsk regions. Period of construction of the new plant will be 1 year, payback period - 5 years, wrote.

Mr. Zhang recalled that since August Hawtai cars are available on contract scheme at "Derways" plant in Karachay-Cherkessia, where it was organized the assembly production with a capacity of 50,000 cars per year. The start of sales of cars Hawtai B35 is scheduled for October of 2014. Before the end of year it is planned to make a few hundred cars Hawtai, in 2015 - about 3 thousand cars, wrote the newspaper "Vedomosti" by citing a source close to the plant.

Mr. Zhang also noted that Hawtai is also considering the possibility of creation of a Russian design institute for the development of such model that will be the most adapted for the Russian market.