On November 4, Xinhua reported that the Mexican Transportation & Communications Ministry announced that an international consortium led by China’s state giant China Railway Construction Corporation (CRCC) won the bid to build Mexico’s first high-speed rail connecting the capital, Mexico City, with Queretaro. According to Xinhua, this will be the very first 300 kph overseas high-speed rail that is designed and constructed by China, adopting Chinese standards and equipment.
This is Mexico’s largest infrastructure project so far. The high-speed rail connecting Mexico City and Queretaro will be 210 kilometers in length, with a designed speed of 300 kph. The project is planned to be finished within 40 months, with an additional 60-month period of operation maintenance and technical services. The contract amount is US$4.4 billion. The consortium led by CRCC will undertake the design, construction, equipment manufacturing, installation and testing, and maintenance services.
At present, CRCC’s international operations reach 77 countries and regions. The first quarters of 2014 saw new overseas contracts of 114.7 billion yuan (US$18.8 billion), a year-over-year increase of 243.99 percent. The CRCC-built Turkish high-speed rail between the capital city Ankara and the largest city Istanbul was put into operation this year.
Source: Xinhua, November 4, 2014