Mexico compensates China for cancelling high-speed rail contract

Monday, May 25th 2015 - 07:21 UTC

Full article 4 comments

Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m for cancelling a $3.75bn high-speed rail contract. CRCC was at the head of a consortium that had won the project last year, which was abruptly revoked shortly after being awarded. Read full article

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Chicureo
Compensation well spent as the actual contract was full of graft.
May 25th, 2015 - 05:23 pm - Link - Report abuse 0
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ChrisR
Well, the Drug Lords will have to keep to the slow road now!
May 25th, 2015 - 06:16 pm - Link - Report abuse 0
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Briton
China,

pay if you buy-pay if you don't=win win for china then.
May 25th, 2015 - 07:20 pm - Link - Report abuse 0
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Klingon
LOL I would have loved to see all the Guatemalans and Hondurans trying to stay on top of that train as they make their way North.
May 27th, 2015 - 07:08 pm - Link - Report abuse 0
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