I did some more research on this, and the path started getting built in 1901 and completed 1905.
Its also known as "The Kings Pathway", because it was crossed by King Alfonso XIII in 1921.
It was built to allow the passage of material of workers at the Chorro Falls and Gaitanejo Falls in El Chorro, near Ãlora in Málaga, Spain.
Many have found their way to their death trying to cross the pathway.
In 1999 and 2000, four died, and the government decided to close the entrances down, however many adventourus tourists find their way around the blocks.
The government approved a budget in 2006 for 7 million Euro or currently 10.94 million US Dollars to have the path repaired.