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Economy of Siena


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trade and tourism.

In the last ten years, Siena has been completely wired with fiber optic cable. This distinction makes Siena the first city in Italy to complete Telecom's Socrates Project (Progetto Socrate). As a result, the town can claim that almost every house is wired for cable. The wiring, built by private companies in partnership with the city, helped to create a civic public station (Channel Civic Sienese) cable that transmits information and local news and gives access to Internet broadband. In 2007, however, the station was privatized, separating the TV from the Internet. The wiring is currently extending to major centers of the province through another company set up ad hoc (earth cable).

Research and development

The last few years have seen increased attention to biotechnology and research. As a consequence, local banking enterprises have focused on developing funding and supporting research and "startup" enterprises
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