Madagascar President Opens New Cable Car In Capital

Madagascar hopes its capital Antananarivo will see reduced congestion following the launch of a new cable car. As Barrons reports, the president and several government members traveled on the gondola liftfor its inaugural tour. The project was completed by two French companies at a cost of $162 million, more than half of which was funded by France’s public investment bank Bpifrance. Antananarivo, which today has a population of 3 million, was planned for just 300,000, and its existing traffic infrastructure has not kept up with demand. The president has been criticized for prioritizing a project that many might not be able to afford: Tickets will cost between 3,000 and 5,000 Malagasy ariary ($0.60 to $1.10).

Madagascar’s president Andry Rajoelina on Friday took a ride on a new cable car that the government says will help reduce traffic in the capital, Antananarivo.

Re-elected for a third term last year in a vote boycotted by most opposition candidates, Rajoelina, 50, boarded the gondola lift with the prime minister and other government members for a maiden tour celebrated with great pomp.

“Antananarivo was built for 300,000 inhabitants. Now there are three million of us. This is going to reduce traffic jams and it’s also a non-polluting form of transport,” the head of state told AFP.

The inauguration came just days before Independence Day celebrations.

Only the first section of two planned lines has been finished and it might take months before it is fully operational.

Two French companies are currently in the running to be awarded the management of technical and commercial operations.

The project’s construction cost was 152 million euros ($162 million), a big expenditure in the impoverished nation.

More than half was financed by France’s public investment bank Bpifrance, with an additional 28-million-euro loan from the French Treasury.

The president said tickets will cost between 3,000 and 5,000 Malagasy ariary ($0.6 to $1.1) — a hefty sum that most locals will struggle to afford. A bus ride in comparison costs 500 ariary.

“I can assure you that it is within the reach of the middle class,” Rajoelina said unfazed.

“Myself, the members of my family and my colleagues will all be the first customers of our cable car. Not to mention company executives, students, pupils at the French school and tourists too,” he said.



This entry was posted on Tuesday, June 25th, 2024 at 7:49 am and is filed under Madagascar.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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