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EU Funds for TWIN-PORT II Project

  The Port of Helsinki together with the Port of Tallinn and AS Tallink Grupp obtained EUR 29.3 million EU funding  within the 2014 CEF Transport Multi-Annual Calls for proposals for financing their infrastructure investments. The total cost of the planned investments is EUR 97.6 million. Helsinki-Tallinn line is one of the busiest international routes in the world – it serves about 8 million passengers per year while trucks and trailers carry over 3 million tons of cargo per year. The flows of traffic and passengers between the two ports have been constantly growing for a decade already. Therefore the project is crucial for both cargo and passenger flows to ensure the smooth traffic between Helsinki and Tallinn. At this stage the support to develop Helsinki-Tallinn maritime link on the period 2015-2018 is allocated as follows: Port of Helsinki will receive EUR 19.2 million to develop traffic and port facilities related to Helsinki-Tallinn line traffic, this includes the new fast flow terminal, ramp constructions for the vessels, gate services and street connections. The total investment of the Port of Helsinki is EUR 64 million. Port of Tallinn will receive EUR 5.3 million support to develop several activities in the Old ...

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