Finland and Estonia are planning to construct a multi billion tunnel across the Gulf of Finland, connecting the capital cities of Helsinki and Tallinn. A Helsinki—Tallinn tunnel would transform the economies of the region, creating a twin city metropolitan area and improving connectivity between Finland and the rest of Europe.
Two sides are working for its development: the government controlled FinEst Initiative and FinEst Bay Area Development, a private company led by Finnish entrepreneur Peter Vesterbacka.
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