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

  • Georgia Yexley: Here's how micromobility can deliver public good
    June 27, 2023
    Georgia Yexley, founder of Loud Mobility, looks at the lessons on diversity, equity and inclusion which can be learned from the US and wider – and explores why it is a vital component for industry growth in the UK
    Read More
  • San Diego: Let there be (street)light
    March 30, 2020
    The influence of intelligent streetlights is spreading. David Crawford finds that San Diego’s deployment – and attendant legislation – may offer a blueprint for other cities going forward
    Read More
  • Joined-up thinking for future ITS
    May 8, 2015
    David Crawford looks at a US model which, for modest federal funding, is producing substantive results. Outward and upward is the clear message emerging from the US$458,000, 2015 workplan of the US government’s ENTERPRISE (Evaluating New TEchnologies for Roads PRogram Initiatives in Safety and Efficiency) joint funding scheme for ITS research.
    Read More
  • Pöyry extends rail network maintenance management contract in Eastern Finland
    October 16, 2012
    The urban business group of Finnish consulting and engineering company Pöyry has been awarded a contract from the Finnish Transport Agency for maintenance management of the 1,800 kilometre-long Eastern Finland railway network, which the company has been managing since 2005. The new contract, valued at around US$6.7 million (EUR 5.2 million) commences at the beginning of 2013 and will run for five years. The contract covers the maintenance management of railways, rail structures and equipment, land areas and
    Read More

Highlighted Content