ÖBB Promote Construction of the Brenner Tunnel

Politics ♦ Published: April 14, 2011; 07:52 ♦ (Vindobona)

After the ÖBB detached themselves from the financing of the Brenner tunnel in February, an agreement was reached with the Ministry of Finance.

ÖBB Promote Construction of the Brenner Tunnel / Picture: © Vindobona.org

The ÖBB are now setting the first steps to realize the construction of the long-planned and contentious Brenner Base Tunnel (BBT). The fist step is to convene a board meeting to decide on the take over of the share of 25% of the construction company BBT SE. With this measure, the ÖBB will own 50% of BBT SE. The other half is owned by the Italian State.

This step was already…