PulseAugur
EN
LIVE 11:07:01

Madagascar's $170M unused cable car system sparks public anger

Madagascar has a largely unused $170 million cable car system in its capital, Antananarivo, which was intended to alleviate traffic congestion. The system, inaugurated by former President Andry Rajoelina, proved too expensive for the average citizen, with fares six to eight times higher than traditional minibus taxis. This led to public anger, especially given the lack of basic services like running water, and some stations were damaged during a recent coup. AI

RANK_REASON Significant infrastructure project with major financial implications and public dissatisfaction in a developing nation. [lever_c_demoted from significant: ic=1 ai=0.0]

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Madagascar's $170M unused cable car system sparks public anger

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Alexander Joe, The Associated Press ·

    One of the world’s poorest countries spent $170 million on a cable car system that nobody uses, just before the president fled the country

    Madagascar officials set the fee for users at between 70 and 90 U.S. cents a trip. The average monthly salary is $72.