Finland and Estonia’s undersea rail tunnel could cost $20 billion by 2040

The tunnel is a key link in a corridor that could eventually connect Central Europe to the Arctic Ocean.

By Tuomas Forsell, Reuters, Jussi Rosendahl, Reuters February 8, 2018
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HELSINKI — The world’s longest undersea rail tunnel between Finland and Estonia could cost up to 20 billion euros ($24.7 billion) and be opened for traffic by 2040, a feasibility study by the two countries said on Wednesday.

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