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Let's see:
Jokeri light rail: 25 km ring LRT around Helsinki. Will have new kind of larger bi-directional but old city center network compatible vehicles witch will hopefully help to drag the entire system evetually into the 21st century.
Tampere is building a tram. Standard gauge, as state of the art track bed construction and geometry as possible, alliance funding model. Tampere has been a forerunner in adoption of the alliance model, they are just finishing a motorway tunnel in time and on budget.
The fact that Tampere tram is standard gauge tells everything that there is to tell about the national railways. Electrification of some minor rails around Turku and Helsinki (Uusikaupunki, Hanko branches, maybe also Porvoo may bring some regional traffic.
Turku might build a tram, I give 30% chance.
Helsinki metro west extension is still under construction, there has been continued talks about this kind if railway loop under the city center but it's too expensive.