What kind of Finland do we aspire to in 2030?
The Arctic Sea route and Europe’s Arctic railway
- Finland becomes the new logistics hub
In 2030, Finland will be the Northern hub of European logistics. Melting of the polar ice cap will have opened a new sea route in the Arctic Ocean, shortening the transport distance to Asia. Finland will also have constructed a railway to the Arctic Ocean and a rail link across the Gulf of Finland to Europe. This new logistical position will serve the transport needs of industry and create demand for various services, as well as Arctic technology and competencies. From a global perspective, this route will be a trade route between two rapidly growing regions: East Asia and Eastern and Central Europe. Thanks to its active approach and Arctic cooperation, Finland will also benefit from the economic activity of Norway and Russia in the Polar Regions. We will develop Arctic technology with Canada and the United States, and with China, Japan and South Korea we will create an Arctic strategic partnership in order to develop investments, trade and logistics.
Rising raw-material prices and melting of the polar ice cap are igniting global interest in the Arctic’s natural resources. Finland does not own any coastline on the Arctic Ocean, nor energy resources in the continental shelf. It would therefore be worthwhile for us to build a railway to the Arctic, in order to provide a logistics channel from Europe to the Arctic Ocean, and businesses around it. Since enormous investments are being made in the Arctic regions by Norway and Russia, it would pay for Finland to forge special relations with these neighbours.
Growth will be created from the combination of innovations, technological strengths and our geographical position. Industry, services and smart ICT can be built around logistical competitive advantages. For instance, ice expertise gained in the Baltic Sea could be utilised in the North, and the combination of Norway’s energy and Finland’s minerals may prove a success.