Finland open to plans by ex-Angry Birds executive for China funding of Estonia tunnel: minister

Wednesday, August 8, 2018 - 06:31

HELSINKI (Reuters) - Finland’s government is open to plans by a former executive at the Angry Birds game maker Rovio who wants to seek Chinese funding for an undersea train tunnel to link Helsinki with the Estonian capital Tallinn, a minister said.

The former executive, Peter Vesterbacka, wants to seek Chinese for funds for the long-standing project that has a price tag of 15 billion-20 billion euros ($18 billion-$24 billion) and which has yet to secure financial backing from the two governments and the European Union.

“I’m very open to his plans,” Finnish Transport and Communications Minister Anne Berner told Reuters by telephone. “He needs state contribution and we need private sector presence. Private money often accelerates projects.”

Read more: https://www.reuters.com/article/us-finland-estonia-tunnel/finland-open-to-plans-by-ex-angry-birds-executive-for-china-funding-of-estonia-tunnel-minister-idUSKCN1J40K2