Austrian Alpine tourism development in spotlight as EIB and Hypo Tirol Bank support Tiroler Zugspitzbahn investments
Austria, Oct. 15 -- A European Investment Bank (EIB) team visited the western Austria state of Tyrol today with local officials to observe progress in developing Alpine tourism services under an EIB-backed project with local lender Hypo Tirol Bank.The project is centred on a family-owned company that runs the aerial cable car connecting the town of Ehrwald near the Austrian-German border to the summit of Zugspitze - Germany's highest mountain at more than 2,900 metres - and operates the popular ski resort of Ehrwalder Alm.The company, called Tiroler Zugspitzbahn, is investing €18 million to develop its infrastructure including improvements to the cable-car boarding area, the construction of an underground car park with around 85 space...
To read the full article or to get the complete feed from this publication, please
Contact Us.