China Expected to Supply Mexico with Bullet Trains Michael A. Katz - Chinatopix | |
go to original October 20, 2014 |
China will likely begin supplying Mexico bullet trains through a consortium of four Chinese companies and four Mexican firms, reports Caixin Online. It would mark the first time China has exported its high-speed trains.
The consortium, which the Mexican government said was the sole bidder for a project to begin later this year, consists of China Railway Construction Corp., China Railway International Group, China Railway Construction Corp. (Mexico) S.A. de C.V. and CSR Corp.
The group of eight companies bid a $4.3 billion plan to build high-speed passenger trains, and a 210 kilometer line (130 miles) linking Mexico City and Queretaro, according to the Mexican government.
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