9 replies to this topic

[KevinKorell]

Fox News/Latino, 8/4/14:

The high-speed Mexico City-Querétaro train, which will cover the 130-mile route at a speed of 186 mph, will be the first of its kind in Latin America, the Communications and Transportation Secretariat said.

This story

[KevinKorell]

Daily KOS, 8/18/14:

Mexico initiates major high-speed rail project

On August 16, Mexican Secretary of Communications and Transport (SCT) Gerardo Ruiz Esparza and Governor Jose Calzada Rovirosa of the State of Querétaro announced the tender for a high-speed passenger rail line between Mexico City and Querétaro, a city of one million people 218 km. northwest of Mexico City.

This story

[Sloan]

China submits only bid for Mexican HS project

SCT says it expects construction to start in December and commercial services are due to begin operating in the second half of 2017.

http://www.railjourn...nt=Full Article

Mexico seems to have the right idea. If this project were in the USA, it would be bogged down with numerous studies enriching consultants thereby delaying construction for years.

Sloan

[Sloan]

UPDATE 2-Chinese-led consortium wins Mexico high-speed rail project

A Chinese-led consortium has won an uncontested contract for a multi-billion dollar high-speed passenger rail link between Mexico City and the central city of Queretaro, the Mexican Transport and Communications Ministry said on Monday.

http://www.reuters.c...N0ST1RC20141103

[KevinKorell]

Progressive Railroading, 11/6/14:

Mexico selects Chinese consortium to build high-speed rail line

The government of Mexico has awarded a contract to the Chinese consortium of China Railway Construction Corp. Ltd. to build a $3.7 billion high-speed rail system between Mexico City and the central city of Queretaro, the Mexican Transport and Communications Ministry announced earlier this week.

More

[Sloan]

Mexico cancels high-speed rail contract

The Mexican government has cancelled a contract to build the country’s first high-speed railway just days after awarding.

In a statement, Mexico’s Secretariat of Communications and Transportation said it had annulled the 50.82 billion peso (€3 billion) contract with a consortium of Chinese, Mexican and French companies because of ‘doubts and concerns’ about the process.

http://www.globalrai...-rail-contract/

[KevinKorell]

Quartz, 11/7/14:

Local politics killed China’s $3.7-billion high-speed rail deal with Mexico

Just days after announcing that a group led by China Railways Construction would build a $3.7 billion high-speed rail link from Mexico City to the center of the country, Mexico’s government cancelled the deal, citing the desire to avoid “doubts about the legitimacy and transparency” of the bidding process.

Read this.

[KevinKorell]

Progressive Railroading, 1/7/15:

 

Mexico to rebid high-speed rail contract

 

The Mexican government announced on Sunday that it will reopen the bidding process for a $3.75 billion high-speed rail contract that it had canceled in November.

Read more

[Sloan]

 

 

China Rail Stocks Sink After Mexico Shelves High-Speed Rail Line

 

(Bloomberg) -- Chinese railroad shares slumped, led by China Railway Construction Corp., after Mexico again stalled a high-speed rail project that the company was expected to bid on.

http://www.bloomberg...speed-rail-line

[KevinKorell]

Forbes, 2/10/15:

 

Mexico Suspends Multibillion Dollar High-Speed Rail Project At Center Of Political Scandal

 

 

The Mexican government postponed again, this time indefinitely, a controversial $3.7 billion dollar high-speed train project. Finance Minister Luis Videgaray made the announcement at the end of January claiming lack of funding. Mexican President Enrique Peña Nieto confirmed that the train was the victim of budget cuts. On Monday, the Ministry of Communications said the Mexican government will compensate the Chinese-led consortium that was awarded the first contract in 2014.

 

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