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Cyprus industrial sector developments

Overview

In late September 2026, reports indicated developments regarding industrial activity in Cyprus. The Turkish Cypriot Chamber of Industry (KTSO) announced an initiative to establish new, modern industrial zones to address a lack of suitable investment areas and current inefficiencies. KTSO President Ali Kamacıoğlu noted that only 17 percent of current participants are engaged in actual industrial activity, prompting the Chamber to develop a cluster-based model to increase production capacity.

Concurrently, economic data for July 2026 showed that Cyprus’s industrial production index rose by 1.5 percent compared to July 2025. For the first seven months of 2026, the index increased by 1.6 percent year-to-date. Growth was driven by sectors such as water supply and material recovery, mining, and quarrying, while the manufacturing sector saw a 1.5 percent increase.

Entities

Statistical Service of Cyprus · Ali Kamacıoğlu · Turkish Cypriot Chamber of Industry

Timeline

  1. [BUSINESS] 2 sources
    Cyprus industrial production rises 1.5% in July

    Cyprus reported a 1.5% increase in industrial production for July 2026, driven by growth in manufacturing, mining, and water supply sectors.

  2. [BUSINESS] 4 sources
    Turkish Cypriot Chamber of Industry initiates new industrial zone project

    The Turkish Cypriot Chamber of Industry is launching an initiative to create modern, dedicated industrial zones to boost production capacity and address the shortage of suitable investment areas.

Sources

dunya.com · economytoday.com.cy · halkinsesikibris.com · orduyorum.com · Reporter.gr · sondakikakibris.com