"I believe it is an excellent project,'' Mr Ratas said at the weekly government press conference on Thursday.
''There has been very strong interest from the private sector; it also seems to me that the interest of the governments of both countries is growing too," he continued, noting that links between the two countries, including the proposed tunnel, were discussed bilaterally by the two national governments at a sitting earlier this year.
Environmental surveys
"Since the tunnel has two ends, we have agreed with our Finnish colleagues that we will be advancing with necessary surveys at the same speed on both sides of the water. A four-way coordinating work group has been formed, made up of the city governments of the two capitals and the economic affairs ministries of the two countries. There are upwards of 50 environmental surveys that have to be conducted. So these need to be done before we can take a look at things and move forward," he continued.
"As to the question, could there be a tunnel connection between the two countries some time in the future, if the answer is yes then I believe that work should be done towards it," Mr Ratas said.
Foreign investment
Law firm Sorainen initiated the request, which includes in its plans an artificial island, on behalf of FinEst Bay Area Oy, headed up by Finnish marketer Peter Vesterbacka.
FinEst announced on Monday that Dubai construction company ARJ Holding is stumping up €100 million towards the project, estimated at a total cost of €15 billion. The company has four options for the route, including FinEst Link, lawyer Paul Kunnap of Sorainen told the Baltic News Service on Monday.
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