Transport|The total cost estimate for the Vantaa tramway is 594 million euros. The government supports the project with 144 million euros.
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The Vantaa tramway receives 144 million euros in support from the state.
The transportation system in the Helsinki region is financed with a total of 309 million euros.
The total cost estimate for the tramway is 594 million euros.
The number of inhabitants in the area affected by the tramway will double by 2050.
Vantaa On Monday, the tramway project received more wind in its sails, as it receives a generous 144 million euros in support from the state. In total, the state finances the Helsinki region’s transport system with approximately 309 million euros.
HS anticipates earlier, that the Vantaa tram’s money pot might get thinner.
The matter is clear from HSL’s press release, which states that the Helsinki region’s 2024–2035 MLA contract negotiations (land use, housing and transport) have been completed.
With its decision, the state aligned itself with the municipalities of the Helsinki region, which, when they approved the plan made last fall, made the Vantaa tramway the top project for the development of a sustainable transport system in the Helsinki region.
Vantaa the total cost estimate for the tramway is 594 million euros.
According to the release, the project enables the population of the Vantaa tram area to double by 2050.
“I am very satisfied that the construction of the tramway can now be started quickly and that Vantaa will receive land from the state for housing construction in the area affected by the tramway, when Santarata and Hakkila’s loading bays will be moved to Hosantie in Koivukylä”, Deputy City Manager of Vantaa Tero Anttila says in the announcement.
Contracts according to the transfer of the state’s land assets is determined in cooperation with the municipalities.
The handovers would create opportunities for urban development. Areas to be investigated have been identified in Helsinki Ilmala and Espoo and Kirkkonummi.
In addition, conditional land transfers have been agreed between the state and the city of Vantaa, which enables construction in the vicinity of the Vantaa tramway.
MAL contract proposal has been worked on by a preparatory group, whose proposal will be passed on to the next municipality for approval. The government’s economic policy ministerial committee defended the guidelines of the Mal Agreement on Monday, September 23.
The government will approve the agreement by a decision in principle of the Government Council at the end of 2024. The agreement is to be signed in December 2024. The implementation of the measures in the agreement will be monitored annually.
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