# Shera builds P2B fiber cement board factory in Pampanga, Philippines

Shera Public Company Ltd. is investing PHP 2 billion to build a fiber cement board manufacturing plant in Mabalacat, Pampanga, Philippines. The plant has started initial operations and is expected to reach full production in October 2024, with an initial capacity of 100,000 metric tons per year, eventually doubling to 200,000 metric tons, and creating up to 150 jobs.

- Type: New facility
- Announced: 2024-03-14
- Where: TECO Park, Mabalacat, Pampanga, Philippines
- Value: $36.0M (2.00B PHP)
- Jobs: 150
- Starts operating: Oct 2024
- Status: under construction
- Capacity: 100,000 MT per year initially, ramping to 200,000 MT per year
- Products: fiber cement boards, decorative boards
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Shera Public Company Ltd.](https://endata.com/companies/76234.md)

## Sources

- [mb.com.ph](https://mb.com.ph/2024/3/14/thai-firm-invests-p2-b-for-fiber-board-cement-factory-in-ph), 2024-03-14: "Shera is investing P2 billion for a fiber cement board manufacturing operation in the country, making the Philippines its first production hub outside of Thailand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.