Finland one step closer to one-hour train to Turku

Finland’s Ministry of Transport and Communications has begun negotiations with municipalities and other parties to set up project companies for a one-hour train to Turku in the southwest as well as a line to Tampere, also known as the Finland line, in the south. Minister of Transport Sanna Marin disclosed plans to fund companies that will develop rapid railway links. The primary task and function of these companies will be planning and financing railway projects until their construction is completed. The new companies are being funded by capital that the previous government had allocated for the railway project company Nordic Railways Ltd. The projects require an additional 15 million euros, which will be taken from the budget. In the initial stages, the state would own a stake of at least 51 percent in the companies, while other shareholders would hold a 49 percent stake.

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