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FinEst Link Tunnel To Connect Helsinki & Tallinn

Infra News - Published on Tue, 11 Jun 2019

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Finnish entrepreneur Mr Peter Vesterbacka’s vision for the Helsinki-Tallinn tunnel is an ambitious one and he thinks he can get it built by 2024. Mr Vesterbacka set up FinEst Bay Area Development as a working group for the project in 2016 and since then he has been hard at work to convince both Finnish and Estonian authorities that his vision for the project, not to mention its financing, is the right way to go.

The idea of an undersea rail link between Tallinn and Helsinki is hardly brand new; Finnish geologists first studied the possibility of a tunnel back in 1993, but the concept has remained firmly on the drawing board for more than two decades. In 2014, the two cities commissioned a pre-feasibility study for a tunnel, dubbed the FinEst Link, followed by a full feasibility study, which was published in February 2018.

The fundamentals of the project, the cost of which is estimated at up to EUR 20 billion, seem strong.

According to the findings of the cities’ Helsinki-Tallinn tunnel task force, around nine million passengers travelled between the cities by ferry in 2017. This could increase to 23 million by 2050 if the tunnel is built, with 12.5 million annual passengers travelling by tunnel and 10.5 million ferry passengers. In terms of freight, the tunnel is projected to increase cargo transport between the cities from 3.7 million tonnes in 2017 to eight million, split between the tunnel and shipping.

And the prospect of replacing weather-dependent two-hour ferry journeys with a 20-minute high-speed rail transfer is certainly one that will generate long-term value for the entire region.

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Posted By : Rabi Wangkhem on Tue, 11 Jun 2019
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