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

  • Major upgrade for Mississippi bridges
    September 3, 2013
    Four major bridges over the lower Mississippi are to get intelligent transportation systems (ITS) upgrades, thanks to a US$10 million grant from the US Department of Transportation TIGER (Transportation Investment Generating Economic Recovery) fund. The project will expand existing ITS systems in each of the three states to complement previous state and private investments.
    Read More
  • Russia to get real-time traffic services
    March 19, 2014
    Inrix and Audi are collaborating in a project to launch Russia’s first comprehensive traffic information and driver services platform. Developed through an exclusive partnership with Russia’s leading navigation services provider cdcom, Inrix XD Traffic provides drivers in Russia with real-time traffic and incident information covering more than 236,000 kilometers of roadways across 55 cities – the most comprehensive traffic information service available and the first traffic incident service of its kind
    Read More
  • Ground-breaking neutral V2X platform for C-ITS
    June 7, 2021
    Monotch's TLEX can be used by multiple stakeholders across C-ITS ecosystem
    Read More
  • Accord between European and Russian eCall projects
    December 20, 2013
    Ertico–ITS Europe and Glonass Union have signed an accord between the HeERO eCall project and Glonass Union, covering the pan-European 112 eCall system based on 112 and the Era-Glonass eCall system being deployed in Russia. The HeERO project manages the pre-deployment of the 112 pan-European eCall based emergency service in fifteen European states. Glonass Union is the Russian navigation services provider responsible for implementation of the accident and emergency response system Era-Glonass in Russia,
    Read More

Highlighted Content