Government plans to invest over CHF16bn in Swiss rail network

The federal government intends to invest CHF16.4 billion ($18.1 billion) in railway infrastructure between 2025 and 2028, CHF2 billion more than for the current period. The larger financial envelope will go towards compensating for rising prices but also to provide more resources to the railways, the government said a press statement on Wednesday. The additional resources will be used in particular to implement projects to promote accessibility for people with disabilities. + Swiss Federal Railways returns to profit for first time since Covid More broadly, the package will give railways the necessary means to renovate their aging infrastructure. They will be able to maintain the quality of the rail network, modernise it if necessary and adapt it to the current state of technology, the government said. As well as finances, the government expects the railways to guarantee better safety on the rail network and the performance of the infrastructure. + Swiss Federal Railways negotiates ...