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

  • Traffic signals turn red to stop speeding drivers
    March 15, 2012
    David Crawford is encouraged by the spread of 'soft' speed policing 
    Read More
  • Co-operative infrastructure reduces congestion, increases safety
    January 30, 2012
    ITS Japan's Chairman Hiroyuki Watanabe talks to ITS International about his country's progress with cooperative infrastructures and how the experience gained to date can benefit similar initiatives elsewhere. Japan gave the rest of the world a taste of the cooperative infrastructure future when, in 1996, it went live with the Vehicle Information and Communication System (VICS). Designed to provide real-time traffic information and alerts to in-vehicle navigation systems with the dual aims of increasing safe
    Read More
  • Econolite adaptive signal control aids city’s ‘Moving Forward’ program
    March 12, 2015
    The City of Norman, Oklahoma, is to deploy Econolite’s Centracs Adaptive as part of the City’s long-term Comprehensive Transportation Plan (CTP) or ‘Moving Forward’ Plan in addressing its future transportation needs. Centracs Adaptive will first be deployed along Highway 9, a major corridor that serves a mix of residential and commuter traffic, as well as traffic to and from the University of Oklahoma. Highway 9 presents unique signal timing challenges. In addition to weekday commutes, the corridor experien
    Read More
  • New thinking needed on the transportation front
    December 10, 2014
    Having spent his working life in transportation, Larry Yermack gives his views on today’s technology challenges. I remember it vividly; it was the late 80s, soon after I started as CFO of the Triborough Bridge and Tunnel Authority and I was standing mid-span on the deck of the Verrazano Narrows Bridge on a Friday afternoon.
    Read More

Highlighted Content