Cableway unlikely
There now seems only a slim chance that the aerial cableway planned for the Mount Cook area will be built.
Six years of study, planning and negotiations has failed to produce any proposals to go ahead with the project. The major hurdle is finance and, according to a spokesman for the company trying to raise it abroad, noone is interested in lending enough to build the cableway. The estimated cost of the project when first proposed in 1965 by Mr S. M. Andrews, of Christchurch, was sl.6m. Since then the cost has risen to s4m. This includes the cost of building a restaurant at the top of the Annette Plateau in the Sealy Range. The cableway would allow all-year ski-ing on the Annette Plateau, directly above the Hermitage.
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Bibliographic details
Press, Issue 32535, 19 February 1971, Page 2
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130Cableway unlikely Press, Issue 32535, 19 February 1971, Page 2
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