China Railway mulls legal action against Mexico
China Railway Construction Corp., CRCC, is considering taking legal action after the Mexican government cancelled the contract it had won to build a high-speed train in Mexico.
CRCC said it is extremely shocked by Mexico's decision to cancel the contract for the $3.7 billion project that aims to connect Mexico City with the industrial city of Querétaro.
CRCC led a conglomerate, which was the sole bidder for the project, which comprised Mexican firms Prodemex, Constructora y Edificadora Gia, Constructora Teya and GHP Infraestrcutura Mexicana.
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