Puno cable car project declared viable by ProInversión

ProInversión has declared the investment profile for the Cerro Azoguini – Lago Titicaca cable car project in Puno viable. The project, structured as a public-private partnership (APP), involves an estimated investment of S/ 236.5 million.

The cable car will span approximately 2,020 meters, with a travel time of about five and a half minutes. It will connect a station near Lake Titicaca to a viewpoint on Cerro Azoguini. The initiative also includes improvements to 647 meters of pedestrian paths and 1.09 kilometers of roads.

Economically, the project aims to significantly boost tourism, projecting an increase from 7,416 annual visitors to over 404,000 at the start of operations, potentially reaching 530,000 visits annually within 20 years. This growth is estimated to generate approximately 45,000 jobs in sectors such as hospitality, restaurants, transport, and local crafts.