Monday , December 23 2024
Home / SNB & CHF / Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign Made

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign Made

Summary:
Earlier we introduced the Gotthard Base Tunnel, the longest and deepest tunnel in the world. The 35 mile long tunnel which cuts underneath the Alps helps remove natural barriers to trade and tourism, and is undoubtedly a testament to Swiss precision engineering. Interestingly, as Bloomberg reports, the tunnel that was 17 years in the making and had workers on three shifts working around the clock to build, was built primarily by foreigners. Only 14 percent of the workers were from Switzerland, while 29 percent came from Italy, 17 percent from Austria, 12 percent from Germany, 7 percent from Portugal, and 21 percent from other countries. It’s ironic that the tunnel was built primarily by foreigners because two years ago the electorate voted for quotas on immigration from EU countries, and the issue is one of the most pressing that the EU is currently dealing with as German chancellor Angela Merkel, French president Francois Hollande, and Italian prime minister Matteo Renzi are set to attend an opening ceremony for the tunnel on Wednesday.

Topics:
Tyler Durden considers the following as important: , , , , , , , , , ,

This could be interesting, too:

Dirk Niepelt writes “Report by the Parliamentary Investigation Committee on the Conduct of the Authorities in the Context of the Emergency Takeover of Credit Suisse”

Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?

Connor O'Keeffe writes The Establishment’s “Principles” Are Fake

Per Bylund writes Bitcoiners’ Guide to Austrian Economics

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign MadeEarlier we introduced the Gotthard Base Tunnel, the longest and deepest tunnel in the world. The 35 mile long tunnel which cuts underneath the Alps helps remove natural barriers to trade and tourism, and is undoubtedly a testament to Swiss precision engineering.

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign Made

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign Made

Interestingly, as Bloomberg reports, the tunnel that was 17 years in the making and had workers on three shifts working around the clock to build, was built primarily by foreigners.

Only 14 percent of the workers were from Switzerland, while 29 percent came from Italy, 17 percent from Austria, 12 percent from Germany, 7 percent from Portugal, and 21 percent from other countries.

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign Made

Switzerland’s Gotthard Base Tunnel: Swiss Engineered, Foreign MadeIt’s ironic that the tunnel was built primarily by foreigners because two years ago the electorate voted for quotas on immigration from EU countries, and the issue is one of the most pressing that the EU is currently dealing with as German chancellor Angela Merkel, French president Francois Hollande, and Italian prime minister Matteo Renzi are set to attend an opening ceremony for the tunnel on Wednesday.

Max Stern, co-founder of the Swiss foreign policy forum says the event can be a chance “to show that we’re working in good faith and contributing to Europe’s cohesion“, however given that Switzerland has already made arrangements to station troops at its borders if future immigration gets too far out of control, the ceremony will likely be nothing more than a photo op for those involved – just a way for Merkel and Hollande to escape the real issues they’ve been dealing with back at home.

* * *

Here is a short clip showing the finished tunnel

And a longer video that shows the type of work that was done in order to get the Gotthard Base Tunnel built.

Previous post
Tyler Durden
Tyler Durden is a reference to the lead character in Fight Club. It's the pseudonym for Zero Hedge's key author(s) used to hide their identities.

Leave a Reply

Your email address will not be published. Required fields are marked *