The Mt. Kinka Ropeway (金華山ロープウェー , Kinkazan Rōpuwē ) is Japanese aerial lift line in Gifu, Gifu. This is the only line Gifu Kankō Ropeway (岐阜観光索道 , Gifu Kankō Sakudō ) operates. The company belongs to Meitetsu Group. The line, opened in 1955, climbs Mount Kinka, linking Gifu Park and Gifu Castle.

Based on that paragraph can we conclude that this sentence is true?
The lift was built in 1950 and didn't open until 1955
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