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.
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.
