ZURICH: Swiss Steel Group will cut around 800 jobs in its home market of Switzerland and abroad due to weak demand in European manufacturing, low production levels, and a subdued growth outlook, the steelmaker said on Friday. “The cuts are painful, but unfortunately unavoidable,” Swiss Steel CEO Frank Koch said in a statement. The steps...
Category: Infra
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Switzerland goes ahead with 80 million euro investment in French railway line
It has been talked about for quite some time, but now it’s official: an 80 million euro investment in French railway infrastructure has been approved by the Swiss federal government. It concerns the railway from Metz to Strasbourg, which then links up to Basel. Switzerland is looking for alternative routes to secure traffic along the...
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Railways renews MoU with Switzerland to enhance technical cooperation – ET Infra
NEW DELHI: The Railways on Tuesday renewed a memorandum of understanding (MoU) with the Federal Department of Environment, Transport, Energy and Communications (DETEC) of the Swiss Confederation to enhance technical cooperation between the two nations, an official statement said. The MoU, renewed and formalised through video conferencing, received approval from the ministries of Railways and...
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Indian Railways and Switzerland Sign MoU for Rail Infrastructure Modernization | Metro Rail Today
New Delhi, India (Metro Rail Today): In a landmark move to bolster its technological capabilities and infrastructure, Indian Railways has signed a Memorandum of Understanding (MoU) with the Federal Department of the Environment, Transport and Communications (DETEC) of the Swiss Confederation. This agreement, formalized via video conference, marks a significant step in enhancing technical cooperation between...
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Swiss pension funds, APG launch €1b joint infrastructure investment program
Swiss pension funds PUBLICA, City of Zurich, Kanton Aargau and Credit Suisse, in partnership with Dutch pension investor APG, have launched a co-investment program with an initial commitment of €1 billion ($1.1 billion) to jointly gain access to attractive infrastructure investment opportunities in the private market space. APG, on behalf of Dutch public pension fund...
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APG and Swiss pension funds partner for €1bn infrastructure investment
Dutch pensions asset manager APG has teamed up with Swiss pension funds Publica, City of Zurich, Kanton Aargau and Credit Suisse to jointly invest €1bn initially in infrastructure assets. APG, the asset management arm of Dutch civil service scheme ABP, and the Swiss pension funds have formed the infrastructure equity co-investment venture which aims to identify and pursue investment...
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Switzerland: Stadler to Supply Signalling and Rolling Stock to SZU
Stadler Signalling AG has entered a new partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernise the railway’s signalling systems by 2034. This marks Stadler’s entry into the Swiss signalling market for standard-gauge railways. Under this agreement, Stadler will modernise SZU’s signalling © SZU As part of SZU’s ‘SZU_4.0’ modernisation programme, Stadler will supply the...
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Abu Dhabi showcases over 600 projects worth $54.45 billion at Switzerland’s Global Infrastructure Conference
Conference highlighted the importance of sustainable, ethical and efficient infrastructure investment The Abu Dhabi Projects and Infrastructure Center (ADPIC) has recently showcased the emirate’s capital infrastructure development and management competencies at the Global Infrastructure Conference in Geneva, Switzerland. During the two-day conference, ADPIC showcased its extensive portfolio of more than 600 projects, valued at an estimated...
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Abu Dhabi Projects and Infrastructure Centre showcases AED200bn+ portfolio at Global Infrastructure Conference in Switzerland
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has showcased the emirate’s capital infrastructure development and management competencies at the renowned Global Infrastructure Conference, organised by the International Federation of Consulting Engineers (FIDIC) in Geneva, Switzerland. His Excellency Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport (DMT), delivered the opening address...
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Switzerland to fund upgrade of railway along Rhine’s left bank
Switzerland is ready to make 60 to 80 million francs to upgrade the Metz-Strasbourg-Basel railway, which would provide a valid alternative on the left bank of the Rhine River along one of Europe’s busiest axes. The line’s profile needs to be adapted to further boost the modal shift in the area from road to rail....
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Switzerland to deploy one billion francs to renovate the ‘old’ Gotthard railway
The Gotthard axis is a crucial infrastructure to cross the Alps via rail between Italy and Swtizerland. Swiss Councilor Albert Rösti recently pledged one billion francs for the renovation of the old mountain railway, which proved to be vital throughout the past year when the Gotthard Base Tunnel was unavailable. “The SBB and the FOT...
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What makes infrastructure debt attractive?
From an investor perspective, what makes infrastructure debt attractive versus other asset classes? It is an interesting time to invest in infrastructure as a maturing asset class, particularly as it compares to sister asset classes such as real estate. We see more and more differentiation within infrastructure debt and equity, with more fundraising for specialist...