"A monk who is currently serving in London will come to reside here and we are expecting another from the foreign missionary board,” he said.
“We have agreed to see to their material needs."
Kyaw Htay said around 300 people took part in the ceremony, which marked the culmination of more than three years’ work.
"The effort to set up a monastery in Finland started in 2005 when U Pannya Wuntha visited the country,” Kyaw Htay said.
“He provided us with the basic capital and we saved our hard-earned money to make it happen."
Finland is one of several countries to which Burmese refugees have been resettled since 2005.
Finnish law requires refugees to study or work, which has made it difficult for Burmese Buddhist monks to continue in their vocation.