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Li regrets Mexico’s scrapping of rail deal
Print Edition
CHINESE Premier Li Keqiang expressed his regret over the Mexican government’s scrapping of a high-speed rail deal with a China-Mexico joint consortium when meeting with Mexican President Enrique Pena Nieto in Bejing yesterday.
He asked the Mexican government to “fairly” treat Chinese enterprises investing in the country and achieve early, substantive results from relevant cooperation.
The consortium had strictly followed the public bidding procedures required by the Mexican side and won the bidding due to its competitiveness, Li said, adding the bidding result is completely just and legitimate.
The Chinese-led consortium, including the China Railway Construction Corp and several Mexican construction firms, won the bid a week ago to build a 210-kilometer high-speed railway connecting Mexico City with the industrial hub of Queretaro to the north.
However, Mexico’s Ministry of Communications and Transport last Thursday announced it will annul the US$4.4 billion deal due to public concerns about the bidding process.
Li told Pena Nieto that China’s high-speed railway technology is advanced, reliable and cost efficient and operationally experienced, adding that bilateral cooperation in the railway sector should be mutually beneficial.
In response to “positive attitude” shown by the Mexican side, Li said the Chinese government has decided to continue to encourage Chinese enterprises to participate in infrastructure projects in Mexico, including high-speed railway projects.
Infrastructure building is the priority of China-Mexico cooperation, he said.
Pena Nieto said Mexico will work hard to deal with existing problems to protect legitimate rights of Chinese enterprises. He acknowledged that the cooperation with the Chinese side on the rail project was “completely transparent.”
He said Mexico still welcomes Chinese firms to participate in high-speed rail projects.
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