Helsinki Tallinn FinEst Tunnel #RayHaber

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The 100-kilometre tunnel would cost between €13 billion and €20 billion, practically a little less than Estonia’s annual gross domestic product of $26 billion. The tunnel would be longer than the Channel Tunnel (54 kilometres, or 31 miles) which links London with Calais. The work is being developed with China’s promised backing by a private group called FinEst Bay Area Development, founded by Finnish gaming entrepreneur Peter Vesterbacaka, which has signed a memorandum of understanding with Touchstone Capital Partners owned by the Chinese government. The underwater tunnel will have an intermediate stop on an artificial island where a real estate development will house skyscrapers, buildings and green spaces.
According to FinEst Bay Area Development’s website, the two tunnels will have a diameter of 17 metres (55 feet) and will be completed in a record time of under 24 months, while a delivery date has not been set. The Helsinki-Tallinn task force carried out a feasibility study in 2014 that estimated a 15-year completion time – quite a sizeable difference. The company that carried out the study pointed out that times could be greatly reduced given large investment levels, arriving at a possible conclusion of the work as early as 2024. Even this would be a truly difficult goal to achieve for a massive work that has been in the planning stages since the 1990s.
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List of the longest of high speed railway tunnel building project status
1. Very Bad / worst (0 km - 10 km)
2. Bad (11 - 30 km)
3. Poor (31 - 40 km)
4. Average (41 - 60 km)
5. Good (61 - 140 km)
6. Very good (141 - 300 km)
7. Excellent (+ 300 km)

Source:
1. International Railway Summit 2022
2. International of Rail Transport Committee (CIT) 2021
3. International Union of Railways 2022
4. Asia Pacific Rail 2020
5. International Railway Safety Council 2022

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