China urged the Mexican government to ensure the legitimate rights and interests of Chinese companies when dealing with problems caused by the suspension of a high-speed railway project, China’s state planning body said, quoted by People’s Daily Online.
Mexico announced last week it had “indefinitely” suspended the country’s first high-speed railway project, as part of actions taken to cut the 2015 budget.
“We feel really sorry about the decision. Chinese companies have invested much in bidding for the project,” said China’s National Development and Reform Commission (NDRC) in a statement.
China hopes the Mexican government could deal with the problems caused by the suspension of the project appropriately, effectively protect Chinese companies’ legitimate rights and adopt active measures to promote pragmatic cooperation between the two countries, the statement said.
The announcement of “indefinite suspension” marked another dramatic twist of the event since bidding process started for the Mexican high-speed rail project, which is expected to cost USD 3.75 billion.
The bid was won by a Chinese-led consortium last November but the government later abruptly annulled the result citing domestic reasons. China Railway Construction Corporation (CRCC), which led the consortium in the last tender, had decided to re-enter the bidding.
Source: People’s Daily Online
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