Finnish Transport Minister likes expensive infrastructure

The Finnish Transport Minister who has become renown for putting forward poorly prepared proposals… and she is doing it again…

  • During the last 3 years, she has announced plans to cut car taxes causing all new cars sales stopped dead for a week. She had to backtrack after 1 week…
  • Then she mismanaged a huge financial loss at the state owned airport company..
  • Finally she introduced ideas to track cars with satellites without prior discussions with the other relevant ministers… 
  • Her knowledge of digital solutions is said to be greater than that of most IT genius’s. This must be true because we are about to have the taxi fares “reformed” here in Finland with wonderful digital applications, and yet nobody knows how taxis will operate when they start in one weeks’ time. We will probably need an IBM Watson to discover what the taxi fare may be… 

For whatever reason, this self-proclaimed Neo-liberal minister is whole-heartedly supported by the Prime Minister, and that, amongst other errors of judgement made by him, has ruined his popularity that is hitting new lows in the polls.

Now, the Transport Minister has announced a big seminar on a new way to finance roads and other infrastructure with Norwegian colleges. This is planned in seminar called “Rethinking Infrastructure Financing in the Nordics” on 26.6.2018.

This subject is just a continuation of the UK’s failed “Public Private Partnerships” policy that has caused huge cost overruns in the NHS, caused expensive motorways to be built, and poorly constructed schools to spring up at costs which are several times what they would have cost if built by a smart municipality.

The Finnish government has paid much more than they should have paid for several motorway projects during the last 20 years. The Lahti motorway project allowed Skanska to reap a 30% return on their investment every year, and the extra costs off the Lohja Muurla were very high compared to what the government normals pays for such motorways. 

Unfortunately the memories of the politicians do not last longer than a few years. The Lohja Muurla motorway was also said to cost at least 30% more than other such projects according to Professor Juhani Kiuru from HUT. His comments were made in a Finnish Broadcasting Company MOT program over 10 years ago.

There is nothing new about “Public Private Partnerships” except that it is amazing that politicians can be sold this failed policy time and time again by construction companies, lawyers, consultants and bankers who make excessive profits at the taxpayers’ expense.

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