Government Issues

Mexico cancels contract for high-speed rail with China-led group

Posted on November 11, 2014

China Railway Construction was part of a group that won a contract to build Mexico's high-speed rail system similar to one in Turkey (shown). Photo: B'Tian Denizcan P. Dorsam via Wikimedia Commons
China Railway Construction was part of a group that won a contract to build Mexico's high-speed rail system similar to one in Turkey (shown). Photo: B'Tian Denizcan P. Dorsam via Wikimedia Commons
MEXICO CITY — Mexico’s government will seek new bids for a $3.7 billion contract to build a high-speed rail line, which was abruptly canceled just days after being awarded to a Chinese-led group of companies that included Mexican firms with close ties to the country’s ruling party, the Wall Street Journal reported.

RELATED: Chinese group wins Mexico high-speed rail project

“This is the decision of the president and the essential point is more transparency and clarity, so there is no doubt about the project,” Gerardo Ruiz Esparza, Mexico’s communications and transportation minister, said in announcing the project’s cancellation late Thursday on a national news telecast.

The project was won this past week by China Railway Construction Corp Ltd. and China’s CSR Corp. along with a handful of Mexican partners. But rival companies had questioned the bidding process, saying it had been too hasty, according to the report.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Senate confirms Batory as FRA administrator

Additionally, it was announced that Thelma Drake has been nominated to be administrator of the Federal Transit Administration.

Martinez confirmed to lead FMCSA

As the country’s top commercial motor vehicle regulator, Administrator Martinez will oversee a multitude of issues ranging from a complete overhaul of CSA’s safety performance scoring program to the introduction of electronic logging devices.

Transportation industry responds to President's infrastructure plan

ITS America announced the formation of its Smart Infrastructure Task Force to address how technology and innovation can be incentivized.

FRA deputy administrator resigns over questions about 'outside work'

Heath Hall, a public relations professional and political consultant who served as a spokesman for a sheriff’s office in Mississippi, reportedly continued work at his public relations firm while also working for the FRA.

President releases $1.5 trillion infrastructure plan

Allocates $100 billion for a grant competition with preference given to applicants that raise revenue such as taxes, fees or tolls, and would limit federal help to 20% of new money generated.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Luxury Coach & Transportation

Please sign in or register to .    Close