05:51 GMT05 August 2020
Listen Live
    Get short URL

    The vaults are expected to be from 100 to 100,000 cubic metres and will allegedly ensure a constant relative humidity of 40 percent and temperature of 53F (12 Celsius), making it possible to store not only gold but also money and artwork as well. 

    Bruenig Mega Safe AG has announced it will build giant treasure vaults right in the heart of the Swiss Alps, within the Bruenig massif, located near the city of Lucerne. The project is moving forward in conjunction with Gasser Felstechnik AG, which specialises in underground construction. The firm stated that the building of the chambers will start next year and will last for at least 18 months. 

    Swiss Franc banknotes and a one kilogramm gold bar
    © REUTERS / Ruben Sprich
    Swiss Franc banknotes and a one kilogramm gold bar

    According to the company, at least a dozen wealthy clients have shown interest in the project, and the firm is now holding talks with them. The starting price for the service is expected to be $500,000, but Bruenig Mega Safe AG needs at least $7.5 million from initial customers to launch the construction, a board member stated.

    banks, mountain, mountains, Alps, Alps, Switzerland
    Community standardsDiscussion