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On the Danish side, east of Rødbyhavn, the factory that will build the 89 massive concrete sections that will make up the tunnel was completed last year. Fermern A/S, the state-owned Danish company in charge of the project, says it’s the largest and most advanced production facility of its kind.

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By way of comparison, the 50-kilometer (31-mile) Channel Tunnel linking England and France, completed in 1993, cost the equivalent of £12 billion ($13.6 billion) in today’s money. Although longer than the Fehmarnbelt Tunnel, the Channel Tunnel was made using a boring machine, rather than by immersing pre-built tunnel sections.

It will be built across the Fehmarn Belt, a strait between the German island of Fehmarn and the Danish island of Lolland, and is designed as an alternative to the current ferry service from Rødby and Puttgarden, which carries millions of passengers every year. Where the crossing now takes 45 minutes by ferry, it will take just seven minutes by train and 10 minutes by car.

Why has Svarnim Trade Udyog Limited (539911) performed so strongly recently ✌️【Stock Market】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. The tunnel, whose official name is Fehmarnbelt Fixed Link, will also be the longest combined road and rail tunnel anywhere in the world. It will comprise two double-lane motorways – separated by a service passageway – and two electrified rail tracks.

“Today, if you were to take a train trip from Copenhagen to Hamburg, it would take you around four and a half hours,” Jens Ole Kaslund, technical director at Femern A/S, said in 2022. “When the tunnel will be completed, the same journey will take two and a half hours.

“Today a lot of people fly between the two cities, but in the future it will be better to just take the train,” he adds. The same trip by car will be around an hour faster than today, taking into account time saved by not lining up for the ferry.

Besides the benefits to passenger trains and cars, the tunnel will have a positive impact on freight trucks and trains, Kaslund said, because it creates a land route between Sweden and Central Europe that will be 160 kilometers shorter than today.

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Why has Svarnim Trade Udyog Limited (539911) performed so strongly recently ✌️【Stock Market】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. The project dates back to 2008, when Germany and Denmark signed a treaty to build the tunnel. It then took over a decade for the necessary legislation to be passed by both countries and for geotechnical and environmental impact studies to be carried out.

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In November 2020 a federal court in Germanydismissedthe complaints. “The ruling came with a set of conditions, which we kind of expected and we were prepared for, on how we monitor the environment while we are constructing, on things like noise and sediment spill. I believe that we really need to make sure that the impact on the environment is as little as possible,” Henrik Vincentsen, CEO of Femern A/S, said in 2022.

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Up to 2,500 people will work directly on the construction project. Michael Svane of the Confederation of Danish Industry, one of Denmark’s largest business organizations, told 【 - Free Stock Selection with 300% Return 】 in 2022 that he believes the tunnel will be beneficial to businesses beyond Denmark itself.

“The Fehmarnbelt tunnel will create a strategic corridor between Scandinavia and Central Europe. The upgraded railway transfer means more freight moving from road to rail, supporting a climate-friendly means of transport. We consider cross-border connections a tool for creating growth and jobs not only locally, but also nationally,” he said.

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“As part of the Fehmarnbelt Tunnel, new natural areas and stone reefs on the Danish and German sides will be created. Nature needs space and there will be more space for nature as a result,” he says.

“But the biggest advantage will be the benefit for the climate. Faster passage of the Belt will make trains a strong challenger for air traffic, and cargo on electric trains is by far the best solution for the environment.”

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