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Comment by jsnell

Recent discussion on the same project: https://news.ycombinator.com/item?id=31204168

This post is saying 30-35 billion for the whole system, so the first segment will probably be about 7 billion. That's for a transport system between Zurich and some 5k inhabitant village I'd never heard of outside of this project, and that doesn't appear to be a significant pre-existing logistics hub. And on top of that they're not actually doing anything to solve the local distribution problem, e.g. all of Zurich will be handled by 2 or 3 hubs. So the last 10 kilometers will still be solved by trucks driving in urban congestion.

What a bizarre fucking project. Everything about it is screaming that it's totally uneconomical, but they've somehow convinced a lot of very reputable Swiss companies to invest. Is this just all based on the assumption that Swiss interest rates will be negative forever?

parent jsnell 4 years ago

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