China Again Eyes Mexico High-Speed Rail Project Deutsche Welle
go to original January 15, 2015

SASAC, a Chinese government agency that oversees state-owned assets, said on Wednesday in Shanghai that state-owned China Railway Construction Corp (CRCC) would tender a bid for a contract to build Mexico's and Latin America's first high-speed rail line, which will run between Mexico City and Queretaro, a manufacturing hub northwest of the capital.

CRCC will offer to build a complete package, including the 210-kilometer rail track, railway stations, fast trains and other equipment. Once built, the rail line will carry about 25,000 passengers a day between the two cities at speeds of up to 300 km/h, and reduce the commute between them to 58 minutes, down from two and a half hours today.

CRCC had previously led a consortium of Chinese and Mexican companies bidding on the same project. The consortium was set to win the contract, but the deal was interrupted on November 6 last year, when a conflict of interest controversy erupted.

Read the rest at Deutsche Welle

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