SHANGHAI, Jan 6 (Reuters) - China Railway Construction Corp (CRCC) confirmed that it would rebid for Mexico’s $3.75 billion high-speed rail project and said it believed it had an advantage over other bidders in terms of technology, experience and costs.
Mexico said on Sunday that it would publish preliminary terms on Jan. 14 for the contract that was abruptly cancelled in November, after revelations that the president’s wife was buying a house from a Mexican firm that was part of the winning consortium led by the state-backed Chinese railway builder.
“We think in terms of technology, management experience and costs, we have an advantage,” a CRCC spokesman told Reuters on Tuesday.
“In the realm of high-speed rail, we are not afraid of any other company...We are still full of confidence,” he said.
Reuters reported last month that China planned to tender again, citing an official from CSR Corp, the Chinese trainmaker that was part of CRCC’s consortium, and a source close to the bid. CRCC was not available to comment at the time.
The CRCC spokesman declined to comment on whether there would be changes to the consortium, but the Mexican government said it did not expect Grupo Higa, the firm which owned the house that Mexican President Enrique Pena Nieto’s wife was buying, to participate.
French engineering group Alstom SA and Canada’s Bombardier Inc have said they would consider taking part in the new tender.
The spokesman also said that they were still in talks with the Mexican government over compensation for the cancelled agreement. (Reporting by Brenda Goh; Editing by Gopakumar Warrier)