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Friday, August 8, 2014

World's highest urban cable car proves 'a success'


The state-run company operating the world's highest urban cable car in Bolivia says its first two months in operation have been a success

Mi Teleferico's chief executive said it had exceeded its goal of making eight million bolivianos ($1.2m; £685,000) in the first 60 days

The cable car connects the capital, La Paz, with the nearby city of El Alto, high in the Andes mountains.
More than two million people have used it since its inauguration on May 30,2014
"We've already surpassed our most optimistic financial forecast," chief executive Cesar Dockweiler said.

The line has made it easy for thousands of people to commute between the two cities in less than 10 minutes
Two more lines are still under construction. It is hoped they will cut down road congestion.
Each car can carry up to 10 passengers, and according to official projections, once the two additional lines are finished, up to 18,000 people an hour will be able to board the system.

Tickets cost three bolivianos ($0.45; £0.25).


The cable car was built by an Austrian company at a cost of $234m and financed by the government of President Evo Morales.

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