Bolivia signs deal with Austro-Swiss company to build cable car system in capital

Bolivia signs deal with Austro-Swiss company to build cable car system in capital
By Associated Press, Updated: Monday, September 10, 11:30 AM

LA PAZ, Bolivia — Bolivians will soon be able to get around their capital by cable car.

President Evo Morales signed a $234 million contract Monday with the Austro-Swiss company Doppelmayr-Seibahnen to build the cable car system. It’s supposed to carry 30 million passengers a year on cables between the mountainous capital of La Paz and the suburb of Los Altos.

Officials say the system should be finished shortly before the December 2014 national elections.

http://www.washingtonpost.com/business/bolivia-signs-deal-with-austro-swiss-company-to-build-cable-car-system-in-capital/2012/09/10/ce91c4ec-fb64-11e1-98c6-ec0a0a93f8eb_story.html

(Short article, no more at link.)