Part 15/27:
Skyway technology presents numerous advantages, particularly its cost-effectiveness. One of the primary benefits is its considerably lower construction cost compared to traditional and advanced transit systems, involving significantly lower requirements for steel and reinforced concrete.
In terms of transportation costs, Skyway boasts significantly lower figures when compared to rail, automobile, and magnetic suspension trains, achieving up to an 18% cost reduction over traditional monorail systems. The total estimated cost for Skyway projects is around $300 million, exemplified by a specific project mentioned in the Miami Herald.