| Chinese Consortium Wins Mexico Bullet Train Bid Skynews | |
| go to original November 4, 2014 |
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China to build Mexico’s first high-speed rail (CCTV News)
Mexico's government has picked a Chinese-led consortium to build the first bullet train in Latin America after the group was the only bidder for the Mexico City-Queretaro project.
The transport ministry said it had accepted the $US3.75 billion ($A4.06 billion) proposal by China Railway Construction Corp for the 210-kilometre railway between the capital and the central Mexico manufacturing hub of Queretaro.
The project is part of President Enrique Pena Nieto's decision to bring back passenger trains, which all but disappeared more than a decade ago, except for some tourist lines.
...The Chinese-led consortium, which includes Mexican firms, was the only one to make a proposal by the October 15 deadline.
Read the rest at Skynews
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