Estonian Government to invest billion to Tallinn-Tartu railway
12.09.2008, 14:31
At the Baltic transport ministers meeting
in Riga, Estonian Minister of Economic Affairs stated that in the next three
years EEK 710 mln will be invested into Tallinn-Tartu railway.
Juhan Parts the Minister of Economic Affairs also said the private
investments will be needed as well, the Ministry of Economic Affairs and
Communications announced.
Parts sees two problems with that: firstly the bad reputation of public and
private sector co-operations in the past; secondly the involvement of private
capital needs to be insured in a way that when risks emerge the government
involvement will not go off balance.
Continue readingAdvertisement
Private capital can be included into road constructions if Eurostat positions
have been taken into consideration- private sector has to take the risks of
quality and demand as well as construction risks.