The business district in the city's economy is centred on the Port of Turku and other service-oriented industries. The city is also a renowned high tech centre – the Turku Science Park area in Kupittaa hosts over 300 companies from the fields of biotechnology and information technology, as well as several institutions of higher learning that work closely with the business sector. This cooperative element is seen as a particularly important factor with regards to the city's expected future economic development, as outlined in the Turku Strategy that is published annually by the city council.
