Estonia and Finland will discuss a project to build a tunnel between Tallinn and Helsinki
Avaldatud 11. september 2015.a.
Architects of the capitals will hold three days of talks, where will be discussed a project to build a tunnel between Estonia and Finland.
It is worth noting that talks about the construction of the tunnel last for 9 years. In March 2008, Tallinn and Helsinki have signed a protocol of intention and were ready to allocate 100 million Euros on each side, but these investments proved insufficient. In 2009 the countries have applied for financing of theproject with the cost of 500-800 million Euros in the EU, but it was denied.
Now the preliminary cost of the project is between 9-13 million Euros, the estimated payback period is 35-40 years.
Source: www.rubaltic.ru