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Austrian Industry Underlines Importance of „South Axis“

Published: April 12, 2012; 16:42 · (Vindobona)

According to a recent study, the Southern Railway (Südbahn) creates 15,000 new jobs. The value creation totals € 15.5bn.

Austrian Industry Underlines Importance of „South Axis“ / Picture: © Flickr

A study of Austrial Railways (ÖBB) stresses the importance of the enlargement of the Southern Railway. The project is controversial, as costs are high and public debt is increasing further.

ÖBB emphasizes that the infrastructure project, of which the Koralm tunnel and the Semmering tunnel are the core parts, creates 15,000 news jobs and raises Austria´s GDP by € 15.5bn until…

This article includes a total of 251 words.

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