The costs of the west metro are estimated at EUR 713.6 million. The cities have agreed to distribute the costs in accordance with a "split at the border" principle: both cities will cover the costs of construction incurred in their own areas. The cities' shares will be distributed as follows: Espoo's share will be 72 per cent and Helsinki's 28 per cent.
The cost estimate was drafted using the price levels of October 2007. At that time, the earth construction cost index indicating the cost level stood at 131.5. The cost estimate covers the construction of the entire project.
State investing 30 per cent
The State has agreed to participate in the construction costs of the west metro with a share of 30 per cent. However, the State has set the cap for construction costs at EUR 200 million.
Metro provides employment
The metro will have a significant employment impact. Consulting agreements regarding the construction design for the metro have already been signed. The agreements have an employment impact of around 200 man-years. Over the entire course of the project the west metro will employ around 400 designers.
The west metro will provide employment for a large number of construction workers. It is estimated that the project will require a labour input of approximately 6,000 man-years. The first contracts came up for tendering during the summer.