Tatarstan is one of the most economically developed republics of the former Soviet Union. It has powerful industrial potential and a stable agricultural sector. Three industrial regions are distinguished in the territory of Tatarstan: the old industrial Northwest region, the base of which is the Kazan-Zelenodolsk agglomeration. Major industries of the region are machine-building, chemical, and light industries. The new industrial Northeast region with the core in Naberezhnye Chelny-Nizhnekamsk agglomeration, which major industries are automobile construction, chemical industry, and energy production. The oil-producing Southeast region with machine-building under development. The North, Central, South, and Southwest parts of the republic are rural regions.