& processing at
Cypruvex (Photo: Kibris)
Over the years the Turkish-Cypriot
manufacturing industry developed very small, small and medium-sized enterprises,
owing to the physical structure of the country.
Industrial activities are mainly
focused in food and beverages, furniture and fixtures, metal and non-metallic
industries, textile and clothing and other such light industries.
The manufacturing industry
achieved one of the highest rates of growth during 1977-2003 period. The value
added of the sector increased from 317.2 million TL in 1977 to 897.4 million TL
in 2003 with an annual average increase of 4.1% at constant prices of 1977.