Bolivia expands cable car network

Bolivia aims to start work on the first of five new cable car lines in the capital next year, part of US$2.5 billion planned investment in infrastructure projects in 2015. The La Paz-El Alto cable car system's second phase, which includes an investment of US$450 million for the five new lines, will be completed by 2020, said César Dockweiler, CEO of state-owned operator Mi Teleférico. Bolivia's government plans to increase its 2015 public spending budget 37% to US$6.18bn, economy minister Luis Arce sa
December 5, 2014 Read time: 1 min
Bolivia aims to start work on the first of five new cable car lines in the capital next year, part of US$2.5 billion planned investment in infrastructure projects in 2015.

The La Paz-El Alto cable car system's second phase, which includes an investment of US$450 million for the five new lines, will be completed by 2020, said César Dockweiler, CEO of state-owned operator Mi Teleférico.

Bolivia's government plans to increase its 2015 public spending budget 37% to US$6.18bn, economy minister Luis Arce said last month. Infrastructure investment will include the telecom, energy, water and transport sectors.

Related Content

  • BorgWarner to acquire Remy International
    July 15, 2015
    US automotive industry components and parts supplier BorgWarner is to acquire Remy International, a leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, BorgWarner says Remy is strongly positioned to benefit from global growth. “We look forward to welcoming Remy’s talented employees to BorgWarner. Their products and capabilities will strengthen BorgWarner’s position in the rapidly developing powertrain electrification tre
    Read More
  • Report analyses multiple ITS projects to highlight cost and benefits
    March 16, 2015
    Every year in America cost benefit analysis is carried out on dozens of ITS installations and pilot studies and the findings, along with the lessons learned, are entered into the Department of Transportation’s (USDOT’s) web-based ITS Knowledge Resources database. This database holds more than 1,600 reports and periodically the USDOT reviews the material on file to draw conclusions from this wider body of evidence. It has just published one such review ITS Benefits, Costs, and Lessons Learned: 2014 Update Re
    Read More
  • NYC transit system five-year plan rejected
    October 10, 2014
    The five-member New York State Capital Program Review Board has vetoed the New York Metropolitan Transportation Authority’s 2015–2019 MTA Capital Plan which the MTA said would renew, enhance and expand the transportation network with a US$32 billion investment. The largest element of the program is safety and reliability projects worth US$22.2 billion to renew the MTA’s mass transit network. It also proposes investing US$4.3 billion in new technology, communications systems and railroad infrastructur
    Read More
  • Inrix ranks U.S. most congested developed country in the world
    February 7, 2018
    The U.S. is the most congested developed country in the world, with drivers spending an average of 41 hours a year in traffic during peak hours, costing them nearly $305bn (£220bn) in 2017, an average of $1,445 (£1,042) per driver. The findings come from Inrix’s annual Global Traffic Scorecard, which analysed 1,360 cities across 38 countries. Additionally, the study revealed that the U.S. had three of the top five most congested cities globally, costing an economic drain upwards of $2.5bn (£1.8bn). Los
    Read More

Highlighted Content