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P. 265
ILLUSTRATIVE
INVESTMENT
PROPOSALS COMPILED
BY DIFFERENT Country : Finland
BRANCHES AND
LEVELS OF
ADMINISTRATION, THE
GOVERNMENT HAS NOT
COMMITTED ITSELF TO
IMPLEMENT THIS LIST
14/11/2014 Project list
Sector Subsector Private/P Project name Implementing agency Description Included in Status Total invest- Investme Barriers/solutions
ublic/PPP national ment cost nt in 2015
investment (EUR bn) – 2017
plan (EUR bn)
(yes/no)
European Umbrella Initiative:
European-wide business friendly e-
government
EU REAL TIME ECONOMY Accounting, Yes Automation of DG Enterprise 1. Automation and real time cash based accounting Part of Pilot stage. 0.6 0.6
Digitalisation and automation of cash flow SME and MidCaps TEKES project (as recommended in VAT directive) is achieved by Finnish The concept was
administrative processes forecasting and business and integrating data from structured e-invoicing with ICT2015 created by
public sector administrative electronic bank statements. 2. Automation of VAT program accounting firms in
reporting for processes reports based on service providers extracting VAT (path2) the Real Time
enterprises harmonised within data from e-invoices. Second stage include real time Part of Economy and
with the focus EU summing up of amount and value of invoices issued Finnish adopted into the
on SME sector per sector and geographical area, Estonia and ICT2015 ICT2015 program.
MidCaps Sweden. This data extracting model can be used for a program Pilot project
large number of reporting needs. (path2) approved in
Estonia and Sweden invited to steering group. ICT2015.
European energy security,
sustainability and transmission
initiative
Energy Corridors and Finngulf LNG and Ministry of Employment Finland is 100 % dependent on Russian gas via one Yes Request for grants 0.7 TBD Agreement pending so far
missing links Balticconnect-or and the pipeline. Diverse LNG gas sources will improve for studies for between Finland and Estonia
Economy/Finland security of supply and energy security both in Finland Balticconnector on the location of a regional
Ministry Economic Affairs and Estonia and decrease dependency on Russian under CEF-Energy LNG terminal.In case
and gas. New LNG regional terminal in Finland and small has been made. Balticconnector would
Communications/Estonia scale LNG-terminal in Estonia and connection to receive grants for
Finnish and Estonian gas grids via Balticconnector construction under CEF-
pipeline. Energy, no overlapping
funding would be requested.
Energy Union Connections PPP Smart grids for CLEEN and Ålands Flexible energy system to enable 100 % weather No Letter of intent 0.2 0.2 Solution: Åland is the best
and production renewable energy Teknologicentrum dependent power supply reference environment for
the integrated smart energy
concept. A lot of key players
will be included in this
project. Focus in
manufacturing industry and
energy. Barriers:
Demonstration risk
INVESTMENT
PROPOSALS COMPILED
BY DIFFERENT Country : Finland
BRANCHES AND
LEVELS OF
ADMINISTRATION, THE
GOVERNMENT HAS NOT
COMMITTED ITSELF TO
IMPLEMENT THIS LIST
14/11/2014 Project list
Sector Subsector Private/P Project name Implementing agency Description Included in Status Total invest- Investme Barriers/solutions
ublic/PPP national ment cost nt in 2015
investment (EUR bn) – 2017
plan (EUR bn)
(yes/no)
European Umbrella Initiative:
European-wide business friendly e-
government
EU REAL TIME ECONOMY Accounting, Yes Automation of DG Enterprise 1. Automation and real time cash based accounting Part of Pilot stage. 0.6 0.6
Digitalisation and automation of cash flow SME and MidCaps TEKES project (as recommended in VAT directive) is achieved by Finnish The concept was
administrative processes forecasting and business and integrating data from structured e-invoicing with ICT2015 created by
public sector administrative electronic bank statements. 2. Automation of VAT program accounting firms in
reporting for processes reports based on service providers extracting VAT (path2) the Real Time
enterprises harmonised within data from e-invoices. Second stage include real time Part of Economy and
with the focus EU summing up of amount and value of invoices issued Finnish adopted into the
on SME sector per sector and geographical area, Estonia and ICT2015 ICT2015 program.
MidCaps Sweden. This data extracting model can be used for a program Pilot project
large number of reporting needs. (path2) approved in
Estonia and Sweden invited to steering group. ICT2015.
European energy security,
sustainability and transmission
initiative
Energy Corridors and Finngulf LNG and Ministry of Employment Finland is 100 % dependent on Russian gas via one Yes Request for grants 0.7 TBD Agreement pending so far
missing links Balticconnect-or and the pipeline. Diverse LNG gas sources will improve for studies for between Finland and Estonia
Economy/Finland security of supply and energy security both in Finland Balticconnector on the location of a regional
Ministry Economic Affairs and Estonia and decrease dependency on Russian under CEF-Energy LNG terminal.In case
and gas. New LNG regional terminal in Finland and small has been made. Balticconnector would
Communications/Estonia scale LNG-terminal in Estonia and connection to receive grants for
Finnish and Estonian gas grids via Balticconnector construction under CEF-
pipeline. Energy, no overlapping
funding would be requested.
Energy Union Connections PPP Smart grids for CLEEN and Ålands Flexible energy system to enable 100 % weather No Letter of intent 0.2 0.2 Solution: Åland is the best
and production renewable energy Teknologicentrum dependent power supply reference environment for
the integrated smart energy
concept. A lot of key players
will be included in this
project. Focus in
manufacturing industry and
energy. Barriers:
Demonstration risk
