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Civitta co-organized the conference "Business Case: Rail Baltic"2016-10-17
The international conference "Business Case: Rail Baltic" has been held on October 13 in the National Art Museum KUMU in cooperation with Civitta Estonia, Meta Advisory, Triniti Business Law Firm and Rail Baltic Business Network.
The conference started with an opening report by Kristen Michal, the Minister of the Economic Affairs and Infrastructure. Among other participants, Henrik Hololei, the General Director for Mobility and Transport of the European Commission, presented the report "The relevance of Rail Baltic for Europe and for Estonia" and Baiba Rubesa, the CEO of RB Rail AS, rendered the report "Rail Baltic - Infrastructure Project of the Century in the Baltic States".
The research on economic viability of Rail Baltic was brought to the audience by Nauris Klava from Ernst & Young and Finnish businesses view of the megaproject was introduced by Tiina Haapasalo, the Chief Policy Adviser, Transport and Infrastructure at Confederation of Finnish Industries.
The success stories were shared as well. Kim Smedegaard Andersen from Sund & Bælt A/S spoke about the execution of large cross-border infrastructure projects taking the examples of the Øresund rail and road bridge between Denmark and Sweden and the Femern Belt railway tunnel between Denmark and Germany. Vytas Petrusis (Kaunas Free Economic Zone) shared the story of Kaunas as a hub for logistics. The stories were commented by Meelis Niinepuu from Civitta and Erik Terk from Tallinn University.
The conference was supplemented by the panel discussion on the subject "Rail Baltic - will there be enough goods on the new railway route?"
The full version of the conference is presented by Delfi Business newspaper – here is the link to the video.
The purpose of the Rail Baltic Business Network is to offer its members the possibility to get prompt and latest information regarding the project’s development as well as joint thinking about the new business opportunities and new emerging transit and logistics chains associated with Rail Baltic. RBBN is also committed to mediating direct contacts between companies interested in the project.
Civitta Estonia has helped the Rail Baltic project draw up the application for the Cohesion Fund CEF in the first two phases. The first phase application has been satisfied and the second phase application is still being processed. The total project cost is 4.8 billion EUR, and the estimated time of completion is 2025.