Category Archives: Infrastructure

Mexico to relaunch bidding for high-speed rail

Washington Post – Mexico will publish preliminary terms on Jan. 14 for a $3.75 billion high-speed train contract that was abruptly canceled in November. The single-bid deal was revoked shortly before disclosures that the Mexican president’s wife was acquiring a luxury home from a Mexican company that was part of the winning consortium.

http://www.washingtonpost.com/world/mexico-to-relaunch-bidding-process-for-375-billion-high-speed-train-contract/2015/01/04/aa33eb74-946a-11e4-927a-4fa2638cd1b0_story.html

Grupo Higa and partners won’t bid on bullet train

El Siglo de Torreon – Group Higa has informed the government that it will not participate in the tender to build a bullet train between Mexico City and Queretaro, Its two other Mexican partners in the bid that was canceled when questions were raised about inappropriate gifts also will not participate.

http://www.elsiglodetorreon.com.mx/noticia/1070383.grupo-higa-no-ira-a-licitacion-de-tren-rapido-.html