China plans to tender again for Mexico’s USD 3.75 billion high-speed rail project after the Latin American country abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said, Reuters reports.
Mexico revoked the contract awarded to the consortium made up of China Railway Construction Corp, CSR Corp and four other Mexican firms on Nov. 7 after opposition lawmakers claimed it was fixed. The consortium’s bid was uncontested.
http://www.reuters.com
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