� Business Monitor International Ltd Page -- for rail infrastructure activities during ---------, a -- increase on the current --------- budget. The higher budget is aimed at managing the increasing use of the network and for more preventative maintenance. ...to upgrade the line with modifications at more than -- locations, including stations, signalling, electrification and other installations. Other projects along the Gotthard line include that of Implenia, which secured the CHF---mn (USD---mn) main construction contract for the -.-km Bozberg railway tunnel, running from Effingen to Schinznach on the Basel-Zurich line when completed. Work includes the installation of track and electrical equipment, and the conversion of the existing -.-km tunnel into a rescue and service tunnel. ...The contract also includes an option to plan the completion of the -km second running tunnel between Mitholz and Frutigen. Funds for planning the Ferden-Mitholz project have been allocated by the Swiss government through the FABI rail infrastructure fund.
...Switzerland s construction sector saw mixed results in ----. A downturn in Q- ---- was largely offset by stronger growth in the last quarter, with civil engineering and specialised construction sectors maintaining growth despite widespread strikes in November ----, which saw construction halted at a range of projects. ...The medium-term outlook is more positive, though as a mature and highly developed market growth is expected to remain relatively slow. While stringent economic policies mean we are unlikely to see government spending contribute significantly to growth, Switzerland is set to benefit from external funding, particularly for regional transport projects, and as a result we expect to see a return to slightly stronger growth from ---- onwards. Between ---- and the end of our forecast period, growth is expected to average around -.- annually, leading to construction industry value of CHF--.-bn (USD--.-bn) ...Between ---- and the end of our forecast period, growth is expected to average around -.- annually, leading to construction industry value of CHF--.-bn (USD--.-bn)
...Switzerland s rail network is already one of the densest in the world and is --- electrified. Passenger volumes continue to grow, with the FOT estimating that by ---- rail passenger traffic will have increased by -- (compared to ----) while rail freight will increase by -- . ...