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News Shera’s Mabalacat fibre cement board plant to reduce Philippines’ reliance on imports

Shera’s Mabalacat fibre cement board plant to reduce Philippines’ reliance on imports

Written by Global Cement staff 14 October 2024
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Philippines: The Department of Trade and Industry (DTI) of the Philippines government has welcomed Thailand-based Shera’s upcoming US$50.4m Mabalacat fibre cement board plant in Pampanga. The DTI expects the plant to help to reduce the Philippines' reliance on imported fibre cement boards from 100%. The Manila Bulletin newspaper has reported that the plant, scheduled for commissioning in early 2025, is also expected to create 300 new jobs.

The Philippines’ trade secretary Cristina Roque said "This investment aligns perfectly with our strategic goals of becoming a global hub for manufacturing. By leveraging state-of-the-art technologies such as AI and Internet of Things, Shera is setting a new standard for innovation in the Philippines.”

Last modified on 16 October 2024
Published in Global Cement News
Tagged under
  • Shera
  • Philippines
  • fibre cement
  • cement boards
  • Plant
  • market
  • trade
  • Export
  • Import
  • Jobs
  • Government
  • Department of Trade and Industry
  • GCW681

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