The EU has granted EUR 21.4 million for the Twin-Port 3 project
The Twin-Port 3 project has been granted a total of EUR 21.4 million in EU financing. The total costs of the planned investments are EUR 71.2 million. The project involves the ports of Helsinki and Tallinn, the City of Helsinki, and the ferry companies Tallink, Viking Line and Eckerö Line.
Several investments are planned to improve traffic arrangements at the West Harbour in Helsinki and reduce traffic congestion in the vicinity of the harbour.
“The City of Helsinki is receiving EU subsidies to improve transport connections in Jätkäsaari. The sites include the Atlantinkatu bridge, traffic lane arrangements on Länsisatamankatu and tram connections on Atlantinkatu. The subsidies will also enable the construction of public transport solutions to provide passengers with seamless intermodal connections. The investments will make a significant impact on the movements of passengers and local residents, as well as on efficient transport for the Helsinki–Tallinn sea connection as a whole,” says Ville Haapasaari, CEO of the Port of Helsinki.
“Subsidies have also been paid for improvements to the ro-ro connections in Vuosaari and for arrangements affecting the piers in Katajanokka.”
The Twin-Port 3 project seeks to reduce the increasing environmental impact of passenger ferry traffic. In addition, the transport connections between Helsinki and Tallinn will be further improved.
The Twin-Port 3 project will run from 2018 to 2023. The largest investments involved in the project will be made by the Port of Helsinki Ltd and the City of Helsinki – EUR 24 million and EUR 27 million respectively. The Port of Tallinn is investing EUR 16 million, and the ferry companies are investing a total of EUR 4 million.