Mexico to reveal rail bid winner in July

New bidding result of Mexico's high-speed train project will be announced on July 31, after the Latin American country re-launched the bidding on Jan 14, Xinhua reported Saturday.

Five companies, including one from China, are bidding for the project in the new round, said Mexico's Ministry of Communications and Transportation on Friday.

Minister Gerardo Ruiz Esparza said that besides China, the other four are from Canada, France, Spain and Italy, but he declined to disclose detailed information about the bidders, according to Xinhua.

China Daily had earlier reported that French group Alstom and Canada's Bombardier are also reportedly planning to enter the new bid.

The Chinese bidder is a China-Mexico joint consortium, formed by China Railway Construction Corporation and several Mexican construction firms, Xinhua had earlier said.

The China-Mexico joint consortium won the $3.75 billion high-speed rail project last November, but Mexico abruptly cancelled the deal days later.

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