Up in the Air--Aerial Tram Projects on the Rise in South America's Andean Region

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Researched by Industrial Info Resources (Sugar Land, Texas)--Potential investments in aerial trams in the Andean region of South America are increasing. Such trams can boost tourism, providing access to mountainous landscapes and remote areas and allowing for faster and more efficient transportation than traditional roads.

Over time, more aerial trams are being used as a means of public transport, providing a sustainable mobility alternative. Construction and operation of trams also drive the development of innovative transport technologies and solutions.

Industrial Info is tracking 40 active projects in the Andean countries of Bolivia, Peru and Chile for the installation of aerial trams, representing a potential investment of US$1.17 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of detailed project reports.

Seven such projects are in Bolivia, worth US$76.5 million, all related to expansions of the La Paz aerial tram. Subscribers can click here for the related project reports.

Industrial Info also is tracking 18 aerial tram projects in Peru, worth US$275.7 million. This includes projects tied to the Independencia aerial tram and the Santa Teresa aerial tram. Click here for more information about the Independencia tram and click here for the Santa Teresa tram project report.

Aerial tram investments stand out in Chile, with 15 projects worth US$815 million. Among them is the Iquique aerial tram. Click here to learn more about the project.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).