Two limited liability companies will be established for the design and planning of the Finnish Rail Ltd (Suomi-rata Oy) and the Turku One Hour Train Ltd (Turun Tunnin Juna Oy). The documents establishing the companies have now been signed.
Timo Harakka, Minister of Transport and Communications, welcomes the fact that the planning of the projects can now begin.
“The establishment of the companies is an important milestone in our efforts to promote two large-scale railway projects and obtain full EU subsidies. In addition to the Finnish Government, a total of 26 cities and municipalities and Finavia are involved in the project companies. This proves that we are strongly committed to developing all of Finland. Investing in rail transport is essential when we move towards sustainable transport,” says Minister Harakka.
“It is good that project companies can now move forward in the planning of high-speed rail connections that benefit Finland as a whole. Helsinki and the other cities have made very significant contributions to establishing the companies. If implemented, Finnish Rail and the Airport Line included in it would provide growth to the entire country, create new opportunities for businesses and improve the international accessibility of our country,” says Jan Vapaavuori, Mayor of Helsinki.
The task of Finnish Rail is to plan the rail transport infrastructure related to the rail connection between Helsinki and Tampere via Helsinki Airport until the construction is ready to begin.
In addition to the Finnish Government, the shareholders of the company are the Finavia Corporation, Helsinki, Tampere, Vantaa, Hämeenlinna, Janakkala, Riihimäki, Lahti, Akaa, Jyväskylä, Oulu, Pori, Seinäjoki, Vaasa, Kangasala, Nokia, Orivesi, Pirkkala, Ylöjärvi, Kokkola and Parkano.
The task of Turku One Hour Train is to plan the railway infrastructure related to the Turku-Helsinki high-speed rail connection until the construction is ready to begin.
In addition to the Government of Finland, the shareholders of the company are the cities of Turku, Espoo, Helsinki, Salo, Lohja, Vihti and Kirkkonummi.