Major Scandinavia-Russia motorway inaugurated

Meridiam, the global investor and asset manager specialising in public and community infrastructure, has announced the inauguration of the E18 Eagle Motorway, connecting Koskenkyla to Kotka in Finland. The 53 kilometre motorway is a key link in a major transportation corridor linking Scandinavia to Russia. The highway will serve as a model European project through the implementation of a comprehensive environmental protection program and contribute to development of both regional tourism and trade between F
October 13, 2014 Read time: 2 mins

7905 Meridiam, the global investor and asset manager specialising in public and community infrastructure, has announced the inauguration of the E18 Eagle Motorway, connecting Koskenkyla to Kotka in Finland.

The 53 kilometre motorway is a key link in a major transportation corridor linking Scandinavia to Russia. The highway will serve as a model European project through the implementation of a comprehensive environmental protection program and contribute to development of both regional tourism and trade between Finland and Russia.

Procured by the Finnish Transport Agency, the new highway is expected to increase both traffic flow and road users' safety while alleviating the negative impacts borne by neighbouring communities. More than 1,000 fewer people will be subjected to traffic noise, and the noise limit of 55 decibels is not exceeded in residential areas. The project also creates optimal conditions for business expansion in the region and will have a significant impact on direct and indirect job development.

"We're pleased to be involved in the Eagle Motorway. This new gateway to increased safety, business development and job creation, is a great example of successful public private partnering, and all those involved can be particularly proud of delivery ahead of schedule for each phase of this project," stated Thierry Deau, founder and chairman of Meridiam.

For more information on companies in this article

Related Content

  • ACE report: private sector and user-pay for English roads
    May 16, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report - and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas. Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently-published report Funding Roads for the Future. The 25-page document by the London-based Association for Consultancy and Engineering (ACE) calls for a radical rethink about how to
    Read More
  • Assessing driver behaviour in work zones
    May 31, 2013
    David Crawford looks at moves to increase throughput and safety in work zones.
    Read More
  • Michigan fosters real-world testing of workzone ITS
    September 19, 2017
    Turning a ‘problem’ into ‘an opportunity’ is the mantra of just about every business book and Michigan Department of Transportation (MDoT) looks set to achieve that aim in Oakland County, where 29km (18 miles) of the I-75 needs to be reconstructed. Running north-northwest from Detroit, the I-75 carries around 170,000 vehicles per day but, being built in the 1970s, it now requires an additional lane in each direction and upgrading to the latest design and safety standards. Upgrading will be carried out in
    Read More
  • Seattle's 'Smarter Highways' recognised by ITS America
    January 31, 2012
    The Seattle Smarter Highways initiative has been recognised by ITS America with a Smart Solution Spotlight award for using innovative technology to create a safer, cleaner, more efficient and sustainable transportation system.
    Read More

Highlighted Content