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Ultradecor Construction Materials Factory (Updated)

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Photo Sources: kz.kursiv.media

PROJECT ID

210520251

SECTOR

Industrial Manufacturing

PROJECT PHASE

Engineering Design & Planning

LOCATION

North Kazakhstan Region, Republic of Kazakhstan (Special Economic Zone “Qyzyljar” in the city of Petropavlovsk)

START DATE

12/31/2026

END DATE

12/31/2028

INVESTMENT VALUE

$ 145 M

Active

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Verified

Last Updated: 9 September 2026

Publication: 10 April 2026

PROJECT DESCRIPTION

This project is a joint Kazakh-Qatari investment to build a plant in the Qyzyljar SEZ (Special Economic Zone) in Petropavlovsk, North Kazakhstan. It will produce oriented strand board (OSB) and laminated chipboard panels from wood, providing high-quality building materials for the regionfactories. The facility is planned in multiple stages and is promoted by Ultradecor Trading Kazakhstan LLP (established in 2022 by Qatar’s Causa Holding group)factories. Implementation is expected to create over 500 jobs, and Chinese Yalian Machinery Co., Ltd is supplying the main production equipment. A cooperation agreement was signed in November 2024 at the... Read more

Involved Companies & Contacts

INVOLVED COMPANIES & CONTACTS

COMPANY 1 INFO

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KEY CONTACTS

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COMPANY 2 INFO

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WEBSITE:

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KEY CONTACTS

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COMPANY 3 INFO

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KEY CONTACTS

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Location

Locations shown on the map are for indicative purposes and may vary from actual locations.

Other important details

  • Kazakh-Qatari partnership: Ultradecor Trading Kazakhstan is a wholly-owned subsidiary created in 2022 by Qatar’s Causa Holding LLC and Causa F SPC LLC. The project is thus backed by a large Qatari wood-products holding

  • Government approval: The investment agreement was approved by Kazakhstan’s government investment council (chaired by the First Deputy Prime Minister) in November 2024. The Prime Minister’s press service has highlighted that the project will contribute about 82 billion tenge to the economy and spur development of Kazakhstan’s wood processing industry

  • Production: The new factory will manufacture OSB (oriented strand board) and laminated chipboard. OSB is a high-strength engineered wood panel used in construction and furniture.

  • Employment: Over 500 jobs are expected to be created

  • Equipment: Main equipment is being supplied by Yalian Machinery Co. of China

  • Special Economic Zone: Being located in SEZ Qyzyljar means the project will benefit from tax and customs incentives available in the zone.

  • Development status: As of 2025 the project is in feasibility and approval stages; no construction or commissioning dates have been announced.

Sources

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