China firms to bid for Mexico rail job again

SHANGHAI/MEXICO CITY: China plans to tender again for Mexicos US$3.75 billion (RM12.9 billion) high-speed rail project after the Latin American nation abruptly cancelled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said. Mexico revoked the contract awarded to the consortium made up of China Railway Construction Corp, CSR Corp and four other Mexican firms on November 7 after opposition lawmakers claimed it was fixed. The consortiums bid was uncontested. Reuters

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