# Shera invests US$36M in fibre cement board plant in Pampanga, Philippines

Shera is investing US$36 million to establish its first production hub in the Philippines, located in Pampanga. The plant commenced initial operations in 2023 and is expected to be fully operational by October 2024, with an initial capacity of 100,000 t/yr and creating 150 jobs.

- Type: New facility
- Announced: 2024-03-15
- Where: Pampanga, Philippines
- Value: $36.0M
- Jobs: 150
- Starts operating: Oct 2024
- Status: under construction
- Capacity: 100,000 t/yr
- Products: fibre cement boards
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Shera](https://endata.com/companies/76268.md)

## Sources

- [globalcement.com](https://www.globalcement.com/news/17752-shera-invests-in-philippine-fibre-cement-board-plant), 2024-03-15: "This will be our first plant 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.