AP/ September 10, 2012, 12:33 PM

Bolivia signs deal for cable cars in capital

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.

© 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.