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

  • Lima metro works to launch this month
    May 6, 2015
    Construction work on Line 2 of the Lima metro will get underway this month on Lima's eastern outskirts, according to government officials. Construction works include a tunnel and five stations along the central highway from the district of Ate to Santa Anita, said José Zárate, head of the electric train authority (AATE). The US$5.8 billion metro line is scheduled for completion by 2020, transport and communications minister José Gallardo said. The industrial district of Ate will be linked to Lima's city
    Read More
  • New Zealand government plans more speed cameras
    August 31, 2012
    The government of New Zealand aims to improve road safety in the country by installing more speed cameras nationwide. Currently, the ratio of speed cameras per 0.1 million people stands at 1.3 compared to 2.5 and 4.8 in the Australian states of New South Wales and Victoria respectively. The New Zealand Transport Agency (NZTA) is to be allocated US$8.05mn to increase the number of speed cameras from the existing 55 units to 100 or more by 2015.
    Read More
  • Technology and creative sectors the key to London’s future – CBI/CBRE
    September 22, 2017
    As the UK’s future relationship with the European Union hangs over the capital’s businesses, According to the latest CBI/CBRE London Business Survey, firms view the technology and creative sectors as fundamental to London’s future prosperity. Two thirds of the 271 respondents to the London Business Survey (65 per cent) said that the technology and creative sectors were the principal sectors for the capital’s economic growth over the next five years, followed by professional services (49 per cent) and f
    Read More
  • Worcester transport project given go-ahead
    February 21, 2013
    A $US30 million plan to improve transport links in the UK town of Worcester has been given the go-ahead by local transport minister Norman Baker. The government is backing it with US22 million of funding. The project will improve access to rail travel, upgrade traffic signals and make it easier to walk and cycle in the area. Intelligent transport systems which provide better information to bus passengers and road users will also be installed and a smarter choice scheme will encourage transport users to look
    Read More

Highlighted Content