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Monday, 19 April, 2021
Home NATIONALMost transport projects remain sidelined
Wed, 09 Jul, 2014 12:08:34 AM
FTimes-STT Report, July 9
File Photo – Lehtikuva.
Most transport projects planned by the government during the spending-limit period are yet to take off.
Sources at the Ministry of Transport and Communications said only nine of the 28 transport projects have received final funding decisions following the deteriorated economic situation since the first budget framework decisions were taken.
The government has to carefully consider now which projects should still go ahead, said the sources.
File Photo – Lehtikuva.
The government planned to invest about EUR 350 to 400 million every year in 20 transport projects.
The most expensive pending projects include Luumäki-Imatra double-track railway and Helsinki-Riihimäki line-capacity increase.
Roughly one billion euros is used annually for repair and maintenance of the transport infrastructure.
The government will have to make tough choices on the implementation order of the projects during the August budget session, said the sources.
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