How to Proceed with an Investment Project

How to Proceed with an Investment Project

Partner with Kemijärvi

Partner with Kemijärvi

Photo: Freepik

Investment projects bring multiple benefits to Kemijärvi — they strengthen the city’s vitality, enhance residents’ well-being, and contribute to the region’s sustainable growth. Each new investment supports local employment, innovation, and the long-term development of the area.

Investment projects bring multiple benefits to Kemijärvi — they strengthen the city’s vitality, enhance residents’ well-being, and contribute to the region’s sustainable growth. Each new investment supports local employment, innovation, and the long-term development of the area.

Need a printable version of the investment partnership process?

Need a printable version of the investment partnership process?

Promoting the establishment of businesses in the area and supporting the growth and development of new and existing businesses are part of the city strategy and vitality program.

Kemijärvi provides a clear and supportive process for investors, ensuring smooth coordination between businesses, the municipality, and relevant authorities.

Promoting the establishment of businesses in the area and supporting the growth and development of new and existing businesses are part of the city strategy and vitality program.

Kemijärvi provides a clear and supportive process for investors, ensuring smooth coordination between businesses, the municipality, and relevant authorities.

01.

01.

Contact the Invest in Kemijärvi Team

Contact the Invest in Kemijärvi Team

If you are considering an investment project in Kemijärvi, your first step should always be to contact our Invest in Kemijärvi team.

Even if your project does not require a municipal decision-making process, our team can provide guidance on financing options, available plots and facilities, and other practical matters related to your investment.

The team acts as your primary contact, ensuring your project moves efficiently from concept to implementation.

If you are considering an investment project in Kemijärvi, your first step should always be to contact our Invest in Kemijärvi team.

Even if your project does not require a municipal decision-making process, our team can provide guidance on financing options, available plots and facilities, and other practical matters related to your investment.

The team acts as your primary contact, ensuring your project moves efficiently from concept to implementation.

02.

02.

Municipal Decision-Making Process

Municipal Decision-Making Process

If your project requires municipal permits, land-use decisions, or other city-level approvals, the process typically proceeds through the following stages:

If your project requires municipal permits, land-use decisions, or other city-level approvals, the process typically proceeds through the following stages:

Initiating the Project

The company or private individual presents the investment idea to the city, outlining objectives, scope, and a preliminary schedule.

1

Preliminary Studies and Assessment

The developer and the city review project requirements and potential impacts, including zoning, infrastructure, and environmental considerations.

2

Project Review by the Municipality

City officials and experts conduct a detailed evaluation and prepare recommendations or conditions.

3

Preparation for Decision-Making

The project is forwarded to the city’s decision-making bodies, such as the City Council. If required, the city awaits the outcome of the Environmental Impact Assessment (EIA).

4

Decision-Making

The City Council or Board decides whether to approve, modify, or reject the project, considering its economic, social, and environmental impacts.

5

Permits and Agreements

After approval, necessary permits and contracts (e.g., land use or building permits) are prepared.

6

Monitoring and Oversight

The city monitors project implementation to ensure compliance with agreed conditions.

7

Final Evaluation

Upon completion, the city assesses the project’s results and its broader contribution to local development.

8

03.

03.

Environmental Impact Assessment

Environmental Impact Assessment

(EIA)

The Environmental Impact Assessment (EIA) is a systematic procedure for evaluating a project’s potential significant environmental effects. Managed by the ELY Centres (Centres for Economic Development, Transport and the Environment), the process ensures that environmental considerations are integrated into decision-making.

An environmental permit may also be required if there is a risk of pollution. Depending on the project’s scope, the permit is granted by either the Regional State Administrative Agency or the municipal environmental authority.

The Environmental Impact Assessment (EIA) is a systematic procedure for evaluating a project’s potential significant environmental effects. Managed by the ELY Centres (Centres for Economic Development, Transport and the Environment), the process ensures that environmental considerations are integrated into decision-making.

An environmental permit may also be required if there is a risk of pollution. Depending on the project’s scope, the permit is granted by either the Regional State Administrative Agency or the municipal environmental authority.

Key Stages of the EIA Process

Screening

Determining whether an EIA is required based on the project’s type, size, and potential environmental impacts.

1

Scoping

Identifying the most relevant environmental aspects to be assessed and defining the boundaries of the assessment. Stakeholders and authorities are consulted during this stage.

2

Baseline Studies

Gathering data on the current environmental conditions — such as air, water, soil, biodiversity, and social context — before the project begins.

3

Impact Assessment and Prediction

Evaluating the project’s likely environmental effects, including changes to ecosystems, natural resources, and human well-being.

4

Mitigation

Proposing measures to avoid, minimize, or compensate for negative impacts while enhancing positive outcomes.

5

Public Participation and Consultation

Ensuring transparency by inviting feedback from residents, organizations, and authorities through public hearings and consultations.

6

EIA Report

Compiling a comprehensive report summarizing all findings, mitigation measures, and the results of public consultations.

7

Review and Decision-Making

The competent authority reviews the EIA report and considers its conclusions before deciding whether to grant consent for the project.

8

Monitoring

After approval, the project’s environmental impacts are monitored to ensure they remain within assessed limits and that mitigation measures are effective.

9

Learn more about the Environmental Impact Assessment procedure at the official website of the Finnish Ministry of the Environment

04.

04.

Partnership and Support

Partnership and Support

Kemijärvi’s investment environment is built on partnership, transparency, and local expertise. The city aims to make every stage of the investment process predictable and efficient — supporting projects from idea to implementation and beyond.

Kemijärvi’s investment environment is built on partnership, transparency, and local expertise. The city aims to make every stage of the investment process predictable and efficient — supporting projects from idea to implementation and beyond.

Initiating the Project

The company or private individual presents the investment idea to the city, outlining objectives, scope, and a preliminary schedule.

1

Preliminary Studies and Assessment

The developer and the city review project requirements and potential impacts, including zoning, infrastructure, and environmental considerations.

2

Project Review by the Municipality

City officials and experts conduct a detailed evaluation and prepare recommendations or conditions.

3

Preparation for Decision-Making

The project is forwarded to the city’s decision-making bodies, such as the City Council. If required, the city awaits the outcome of the Environmental Impact Assessment (EIA).

4

Decision-Making

The City Council or Board decides whether to approve, modify, or reject the project, considering its economic, social, and environmental impacts.

5

Permits and Agreements

After approval, necessary permits and contracts (e.g., land use or building permits) are prepared.

6

Monitoring and Oversight

The city monitors project implementation to ensure compliance with agreed conditions.

7

Final Evaluation

Upon completion, the city assesses the project’s results and its broader contribution to local development.

8

Key Stages of the EIA Process

Screening

Determining whether an EIA is required based on the project’s type, size, and potential environmental impacts.

1

Scoping

Identifying the most relevant environmental aspects to be assessed and defining the boundaries of the assessment. Stakeholders and authorities are consulted during this stage.

2

Baseline Studies

Gathering data on the current environmental conditions — such as air, water, soil, biodiversity, and social context — before the project begins.

3

Impact Assessment and Prediction

Evaluating the project’s likely environmental effects, including changes to ecosystems, natural resources, and human well-being.

4

Mitigation

Proposing measures to avoid, minimize, or compensate for negative impacts while enhancing positive outcomes.

5

Public Participation and Consultation

Ensuring transparency by inviting feedback from residents, organizations, and authorities through public hearings and consultations.

6

EIA Report

Compiling a comprehensive report summarizing all findings, mitigation measures, and the results of public consultations.

7

Review and Decision-Making

The competent authority reviews the EIA report and considers its conclusions before deciding whether to grant consent for the project.

8

Monitoring

After approval, the project’s environmental impacts are monitored to ensure they remain within assessed limits and that mitigation measures are effective.

9

Learn more about the Environmental Impact Assessment procedure at the official website of the Finnish Ministry of the Environment