China-Led Consortium Only Bidder in Major Mexico High-Speed Rail Project Dave Graham - Reuters
go to original October 16, 2014

MEXICO CITY - A Chinese-led consortium is the only competitor in the bid to win a lucrative tender for a high-speed passenger train linking Mexico City and the central city of Queretaro, the Mexican Transport and Communications Ministry said on Wednesday.

The group led by China Railway Construction Corp Ltd. was the only consortium to present a bid for the 210-km (130-mile) line, a spokesman for the ministry said, adding that this did not mean it had won the project.

If the proposal did not meet the requirements, the bidding process could start again, the spokesman said.

The government wants the project to allow 23,000 passengers to move daily from Queretaro at speeds of up to 300 kph. How much the planned connection will cost is unclear, but the price tag has been estimated at more than $3 billion.

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Photo: Sky News

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