2016 | Bulletin 2/16 – Gottardo (PDF)
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CREDIT SUISSE Bulletin Since 1895. The world’s oldest banking magazine. 2 / 2016 A clear view . 075360E 075360E Gottardo From Swiss Myth to the Longest Tunnel in the World Photo: Image Source / Keystone . of the Mediterranean * * As of December 2016, the journey south will be about half an hour shorter, and from 2020 as much as a full hour. Main partner Our contribution to the future: putting bold ideas solidly on track. Deep beneath the Swiss Alps, the world’s longest tunnel, stretching 57km, is nearing completion. By the end of this year, the Gotthard base tunnel will be traversed daily by 260 freight and 65 passenger trains at speeds of up to 250 km/h, dramatically shortening journey times through the Alps. To help make this engineering feat possible, ABB experts developed custom infrastructure, energy-efficient power distribution, and the largest fresh-air ventilation system ever built. — Editorial — The Spirit of Enterprise – Then and Now he Gotthard symbolizes world record-setting achievements. When the first railway tunnel through the mountain opened in 1882, it was T the longest tunnel in the world. The new Gotthard Base Tunnel, sched- uled to open on June 1 of this year, sets a new record at 57 kilometers. The Gotthard also represents the visionary power of Switzerland – some- thing that people occasionally call into question. Switzerland, we often hear, is neither willing nor able to accomplish great things. The Gotthard once proved otherwise – and it has done so again. The first Gotthard railway tunnel, which largely owed its existence to the drive, courage and pioneering spirit of Alfred Escher, was “the expression of a dynamic, open and forward-looking Switzerland,” according to historian Joseph Jung (see page 21). Escher also founded the Schweizerische Kreditanstalt – what is today Credit Suisse. We are proud to be a main partner as the construction project of this century puts the Gotthard Base Tunnel into service. witzerland outdid itself with the first Gotthard project – and it is repeat- ing the feat today. Peter Jedelhauser, project manager for the Gotthard S Base Tunnel, spoke with us about precisely this spirit of enterprise, a spirit that still thrives in our country. “Together we said, ‘Yes, we can do it!’ ” (page 14). In a major study, the Economic Research unit of Credit Suisse has identified the benefits the new railway line brings to Switzerland. The Gotthard is a symbol of superlatives, of myths and visions. But it also represents something else, something that may be less spectacular but is all the more important for that: Swiss virtues such as perseverance, pragmatism, reliability and precision. For example, when the Gotthard Base Tunnel broke through the last bit of rock, the drill was off its target by just 0.00014 per- cent. What could be a better illustration of our country’s strengths? nd I almost forgot the most famous of Swiss virtues: punctuality. This is the one we hear about all the time when we travel (which always A makes us blush a little). Punctuality? We may have overdone it! The Gotthard Base Tunnel will go into service one year earlier than planned… How will we ever explain that abroad? I hope you’ll enjoy reading about this amazing project! Thomas Gottstein, CEO Swiss Universal Bank, Credit Suisse AG Cover photo: AlpTransit Gotthard AG; Photo: Rainer Wolfensberger Bulletin 2 / 2016 — 1 Hauptpartner Partenaire principal Partner principale Main Partner © AlpTransit Gotthard AG Gotthard © AlpTransit The old lady’s watch Commissioned in 1952, the fl eet comprising a total of 120 locomotives transported Stainless steel case individually numbered. Scratch-resistant sapphire crystal. thousands of people and tonnes of goods through Switzerland. While the train’s offi cial Precise Swiss quartz timepiece with original stop2go feature, as seen on clocks at name was the «Ae 6/6», it was known to locomotive drivers as the «Gotthard Swiss railway stations. Gift box with certifi cate and product information. Two-year locomotive» due to its typical area of use. The old lady’s days of travelling through the international warranty. Available for CHF 750 from new Gotthard Base Tunnel are now over. Instead, it will now travel all over the world as www.shop.mondaine.com an exclusive special edition watch, the «Gottardo 2016». Why does the special edition go by this name, you might ask? Because its bezels come from the material used in the Enjoy the rest of your trip. driver’s cab doors of the «Gotthard locomotive». Order form First and last name:: Numbering assigned as orders are received. Requests for specifi c numbers will not be accepted. Street/no.: Gottardo2016 Quantity PLZ/Ort: 1. 2. 1. A9500.30363.G.SET Beige 750.– E-mail: 2. A9500.30363.H.SET Brown 750.– Phone no.: Gottardo Nord Sud Quantity Signature: 3. 3. 4. A669.30305GOT.SET 30 mm 260.– (while stocks last) Please complete the coupon in full and send it to: 4. A627.30303GOT.SET 40 mm 260.– This order is binding. Mondaine Watch Ltd. www.shop.mondaine.com Etzelstrasse 27 8808 Pfäffikon Switzerland Tel. +41 (0)58 666 88 00 — Gottardo — Contents 4 The Tunnel and Me 14 “Two tracks, a lot of concrete” 38 Stories from the Inside Nine people talk about how the SBB project manager Peter Six contractors talk Gotthard will change their lives. Jedelhauser mostly has about the special challenges a plan for almost everything. of building a tunnel. 12 Better, Faster, Longer The construction project of the 43 The Saint and the Devil century in facts and figures. How Gotthard got its name. 44 Heart of Swissness From Dürrenmatt to Dobelli: Gotthard in literature. 50 Gotthard Is Everywhere 20 The Swiss Wonder of the World A journey in photos to the How modern Switzerland Gotthards of this world. was created – thanks to Alfred Escher. 52 Animals Underground In the animal kingdom, tunnels 24 Who Should Pay for It? provide protection from preda- Financial troubles for the first tors and the harsh environment. Gotthard Railway. ECONOMIC RESEARCH 26 INTRODUCTION Resetting the clocks on the Gotthard massif. 28 PUBLIC TRANSPORTATION Switzerland grows closer. 56 Connection to the World How do infrastructure con- 30 ALTDORF DEVELOPMENT struction and economic growth REGION: Is history influence neo another? repeating itself? 35 BELLINZONA 66 Last Stop! 31 REAL ESTATE MARKET DEVELOPMENT AREA: Between German-speaking Live in Bellinzona, A new gateway to Ticino. Switzerland and Ticino. work in Lugano. 36 TOURISM 68 Letters to the 32 GOODS TRAFFIC A day in the sun, and how Editor / Publishing Take the quiz A “subway” for trade. Ticino is coming closer. Information and win a trip through 34 TUNNEL CONSTRUCTION 37 LABOR MARKET 70 Quiz the tunnel! Swiss discipline and New possibilities: Flexible work Test your Gotthard knowledge: its benefits. and the NEAT. seven questions about Switzer- land’s legendary mountain. Illustration: Anna Dunn; photos: Janosch Abel; PCW / fotolia; Stefan Meyers / Okapia Bulletin 2 / 2016 — 3 — Gottardo — The Tunnel and Me Of course, NEAT will make getting around Switzerland faster. But it also improves things in other ways: some people are using the mountain drainage for farming fish, while others are skydiving more often. Nine very different Gotthard users on the tunnel’s new benefits and their plans for the future. By Simon Brunner (text) and Patricia von Ah (photos) 4 — Bulletin 2 / 2016 — Gottardo — WINEMAKER Davide Ghidossi, 33, award-winning winemaker, Giubiasco (TI) “My grandfather worked for the Swiss Federal Railways. I remember riding with him from Bellinzona to Flüelen. I was fascinated by the church in Wassen – you can see it three times as the train weaves its way upward through the valley. The new line runs underneath Wassen. It’s very important, especially for small and medium-sized businesses in Ticino that need fast, on-time connections to their customers in German-speaking Switzerland.” Bulletin 2 / 2016 — 5 — Gottardo — STUDENT Nathalie Boissonnat, 30, studies public management and politics in Lugano and Bern, Giubiasco (TI) “The Gotthard Tunnel was always part of my life. I learned how to read traffic signs from the car when we drove through the tunnel. I always wanted to know how much longer we’d be driving, so my parents taught me what POLITICIAN the kilometer markers meant. I now Fabio Regazzi, 53, Member of live in Bern and travel home the National Council (CVP) and about every other week. I’m a big entrepreneur, Gordola (TI) fan of public transportation, and I wish it would be a greater “I have to go through the Gotthard priority in Ticino.” two to three times each month. When I go to parliament, it makes more sense to travel by train since I can work during the trip. The Gotthard Tunnel is a symbol of national solidarity, a connection between the different regions of Switzerland. With the new tunnel, our country will grow closer together. The same is true for Ticino – I’ll be able to get from Gordola to Lugano in about 20 minutes. Today it takes twice as long.” 6 — Bulletin 2 / 2016 — Gottardo — ENTREPRENEUR Richard L. Beeler, 64, Managing Director of Basis57, Adligenswil (LU) “The new tunnel drains water from the mountains. Basis57 wants to collect this water and use it for farming fish, such as zander and perch, as well as less common domestic species like burbot. The fresh mountain water is around 15 °C and will be used for producing 1,200 tons of fish per year. Since the summer of 2015, the first fish have been living in a laboratory facility in Erstfeld, where we’ve monitored their feeding and growth and perfected our technology. The goal is to build a feeding facility at the tunnel’s northern end by 2018, and to deliver gourmet fish from the Gotthard by 2020.” Bulletin 2 / 2016 — 7 — Gottardo — SKYDIVER Barbara Gloor, 52, business economist, Aristau (AG) “Since I began skydiving in 2012, Ticino has become my second home.