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flag Thailand's Shera Public Co. Ltd invests ₱2.9B to establish fiber cement plant in Mabalacat City, creating 150 jobs and reducing cement imports.

flag President Ferdinand Marcos Jr. announced the investment of ₱2.9 billion by Thailand's Shera Public Co. Ltd. to establish a fiber cement plant in Mabalacat City, Pampanga. flag Set to begin operations in Q1 2025, it will create up to 150 jobs and help reduce cement imports. flag This marks Shera's first overseas venture and aligns with the Philippines' goal of becoming a hub for sustainable manufacturing, supported by expedited processing from the Department of Trade and Industry.

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