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WEEKLY NEWSLETTER
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Cyprus
Index
Manufacturing showed steady progress after the late
1970s, and
by 1990 was an important component of the Turkish Cypriot
economy.
In 1989 it surpassed for the first time agriculture's
contribution
to GDP. Only government services and trade were more
important.
Manufactured products were important exports. Their share
of
exports expanded rapidly in the l980s, from 19 percent in
1981 to
45 percent in 1989. Manufacturing's share of employment
increased
only slightly, however.
Except for a cement factory at Boghaz, manufacturing in
the
"TRNC" consisted entirely of light industry. About 600
firms,
mostly small and family-owned, were active at the end of
the 1980s.
Clothing and textiles were the most important products,
and
clothing came to account for about 30 percent of exports
in the
late l980s, exceeded only by citrus exports. A number of
foreign
companies were active in the clothing industry. Other
manufactured
products included footwear, leather goods, furniture,
chemicals,
paper, and some metal items.
Data as of January 1991
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