VIENTIANE — President Ferdinand Marcos Jr. on Wednesday commended Thailand's Shera Public Co. Ltd.'s plan to expand operations in the Philippines, saying its fiber cement plant in the country will provide employment and cut expenses on imports.

'We're proud to welcome Shera Public Company Limited's investment in the Philippines. As a leader in fiber cement products, Shera isn't just bringing eco-friendly building solutions — they're also creating jobs and reducing our reliance on imports,' Marcos said. 'We look forward to seeing your green innovations in action, helping the Philippines become a hub for smart and sustainable manufacturing.'