Financial responsibility

Financial responsibility

The Finnish Transport Infrastructure Agency aims at cost-efficiency and good performance in its work and uses the funding allocated to it transparently and effectively. The Finnish Transport Infrastructure Agency strives to improve the efficiency of its operations, for example by developing its knowledge-based decision-making and operational planning. The starting point for achieving increased efficiency is that the FTIA has access to as comprehensive and up-to-date source data and analyses as possible, together with an understanding of the impacts of decisions. More efficient transport infrastructure management is based on improved prioritisation and scheduling of management measures, assessing and managing impacts, and life cycle efficiency of transport infrastructure management.

In years to come, the Finnish Transport Infrastructure Agency will participate in balancing public finances as outlined in the Government Programme. 

For more information on the performance and efficiency as well as financial key figures of the Finnish Transport Infrastructure Agency’s operations, see the financial statements for 2024.

Financial responsibility in procurement

The Finnish Transport Infrastructure Agency strives to ensure that procurements are made efficiently and to a high standard. The cost-effectiveness of procurements is promoted through active cooperation and dialogue with the market, careful procurement planning and competent competitive tendering processes.

In addition, the Finnish Transport Infrastructure Agency manages risks in its procurements by requiring suppliers to have adequate financial stability based on turnover and by actively monitoring companies’ credit ratings.

As part of financial responsibility, the Finnish Transport Infrastructure Agency also invests in cooperation during the contract period and continues its efforts to improve the productivity of the entire infrastructure sector. This plays a major role in how shared tax funds are used and, consequently, in bearing financial responsibility. For the latter, the Ministry of Transport and Communications has also set a performance target. To this end, the Finnish Transport Infrastructure has continued to play an active role in working groups on productivity development in 2024 and, in particular, in integrating Lean thinking into project implementation.

Long-awaited funds from CEF for infrastructure development

In recent years, Finland has had great success with its applications for the EU’s Connecting Europe Facility (CEF). In 2020-2024, Finland has received a total of about EUR 366 million in CEF funding. The current CEF2 programme period 2021–2027 accounts for EUR 289 million of the total. Almost 80% of the subsidies granted were received through applications submitted by the Finnish Transport Infrastructure Agency. Military mobility projects represent EUR 83 million of the support received.

In the 2024 CEF call for applications (results to be received in July 2025), funding was applied for such purposes as an icebreaker, mitigating the impacts of climate change on main road 21, implementation of an intelligent transport project in road transport, and railway system development and asset management. 

According to the Commission’s notification, the budget for the programming period 2021–2027 has been used. The Commission maps out any support that may be recovered from Member States. These funds can be redistributed in so-called reflow applications, in 2026 at the earliest.  

More than 4,000 kilometres of roads and routes paved in 2024

In 2024, more than 4,000 kilometres of roads and walking and cycling routes were paved, which is an exceptionally high number. The additional funding of EUR 250 million granted by the Government made it possible to commission paving work also for medium-traffic and low-traffic roads. This helped to slow down the growth of repair backlog of the road network. The paving work was carried out by six contractors on almost 50 paving contracts all around Finland. The impact on employment was significant: approximately 2,300 employees.

Nearly 200 kilometres of walking and cycling routes were also paved in 2024, which is the highest number since 2010.

The condition of pavements, especially increased evenness, reduces the driving costs of road users and emissions from traffic, and improves traffic safety.

Tieasfalttityömaa metsäisessä ympäristössä; suuri asfalttikone levittää uutta päällystettä, ja useat työntekijät oransseissa turvavarusteissa työskentelevät koneen ympärillä.