Mexico reveals fresh bid terms for high-speed train

The Chinese-led consortium, including the China Railway Construction Corporation (CRCC) and several Mexican construction firms, whose original winning bid was revoked last November, will bid for this project again.

CRCC has participated in the construction of dozens of overseas railway construction projects, including the high-speed railway from Ankara to Istanbul in Turkey and China's CRH380 bullet train which has had smooth operation in the Beijing-Shanghai High-Speed Rail for more than three years.

The Chinese railway industry has comparative advantages in construction technologies, cost control, and productivity of labor, Zhou Lei, chairman of CRCC International Co., Ltd, a wholly owned subsidiary under CRCC, once told Xinhua.

Other international bullet train giants like Bombardier, Siemens, Alstom and Mitsubishi are also expected to participate in the bidding.

To help activate the economy and improve communication, Mexico's President Enrique Pena Nieto announced at the start of his term in 2012 that his government would promote several rail infrastructure projects.