Estonia to Invest Billions into Transport

The Estonian government confirmed a plan of investments to develop the transportinfrastructure.

According to the plan, about 6.5 billion kroons of mostly European structural fund money will be channelled into the development of transport hubs, railways, local airfields, and ports. The state plans to invest 1.8 billion kroons in infrastructuredevelopment in the capital Tallinn as a key transport hub in Estonia, the Ministry of Economy and Communications said.

The plan outlines an investment of 2.6 billion kroons in railways. In the next few years, all passenger trains will be replaced.

A further 274 million kroons was earmarked for the airfields of Kärdla, Kuressaare, Ruhnu and Tartu. Slightly more than one billion kroons will be channelled into ports in the coming years.

 

Source: Estonian Review