The Jungfrau Railway Group announced on Wednesday the plan, calling for a new cable car system to link Grindelwald Grund with Männlichen and Eigergletscher.
The two “V-cableways” are to be built in partnership with the Grindelwald-Männlichen Gondola Cableway company.
The goal is to improve access to the Kleine Scheidegg-Männlichen ski area and the Junfraujoch, and to ensure the long-term competitiveness of the ski area”.
The projects promise faster and easier transport for skiers and tourists.
The cable car planned to link with the Eigergletscher, will enable travellers to connect to the Jungfrau Railway.
The Jungrau Railway Group says it also plans to upgrade old rolling stock and buy new trains for the Wengernalp (WAB) and Jungfrau railways.
The company is planning to invest 160 million francs for the projects, spread between 2012 and 2017.
The Grindelwald-Männlichen Gondola Cableway company is planning to invest about 35 million francs.
The Jungfrau Railway, which first went into service in 1912, takes passengers from Kleine Scheidegg on a 1,400-metre climb in elevation to the Junfraujoch, which at 3,454 metres is Europe’s highest railway station.
It is now run by a holding company with shares listed on the Swiss stock exchange.