News Analysis: Finland Building at Eight Billion+ Euros is currently being forecast by some people in Helsinki. Their contention is that a more-than-doubling of Estimated Construction Costs is primarily a result of delays in building. The date of Contract signing was in 2002. A purported Cost Estimate for Construction was initially 3.2 Billion Euros.
One might consider that since 2008 Global Financial Debacle, there has been a World-Wide Reduction in Nuclear Power Plant Construction ‘NPCC’. Additionally, the Fukushima Daiichi Nuclear Disaster in Japan on 11 March, 2011 further impeded ‘NPCC’. As such, allocating an additional Five Billion Euros, as an Estimated Increase in Construction Costs predominately due to a time delay, some would suggest is quite Problematic.
One can assume the current Dearth of ‘NPCC’ makes such an Estimated Cost-To-Complete Increase, in this matter, Suspect for some Citizens of Finland. If the Eight Billion+ Euro Costs is correct it will be the World’s Most Expensive Building.
Trust, But Verify.
Reference: http://www.helsinkitimes.fi/business/8486-daily-olkiluoto-3-may-cost-over-8bn.html