!!!Eisenbahn-Hochleistungsstrecken AG, HL-AG
Eisenbahn-Hochleistungsstrecken AG, HL-AG; company founded in 1989 by
the Federal Government; in charge of planning and construction of
rapid-service high-volume railway lines in Austria, which meet future
standards regarding traffic policy, economic considerations and
environmental factors. The Eisenbahn-Hochleistungsstrecken AG, HL-AG
is subordinated to the Federal Ministry of Transport, Innovation and
Technology after consultation with the Federal Ministry of Finance;
its tasks include improving routes and construction of new lines on
the Westbahn (western railway) and the Suedbahn (southern railway)
routes, including the connection between Graz and Klagenfurt by the
Koralmbahn line and connecting the Westbahn and Suedbahn by the
Donaulaendebahn line. The Innsbruck bypass was completed in 2000.
Cooperation with the Austrian Federal Railways ( Oesterreichische
Bundesbahnen) is regulated by a cooperation contract. These projects
were formerly financed by ASFINAG. Since 1997 they have been financed
by the SCHIG (Schieneninfrastrukturfinanzierungsges.).
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