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Old November 8th, 2014, 06:18 AM   #621
theArq100
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Quote:
Originally Posted by Sopomon View Post
Huh, so that was why all the other bidders left the bidding.

If a more transparent process appears, they may well come back with serious offers.
the other bidders said it wasnt enough time to submit an offer and asked the government to extend the tendering but the governent refused
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Old November 8th, 2014, 06:18 AM   #622
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Quote:
Originally Posted by Dooie_Amsterdammert View Post
Oke, I get it, it's Mexico's equivalent to April fools day, haha..

...


Right?!#@!

Somewhat but not really.
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Old November 8th, 2014, 06:20 AM   #623
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Originally Posted by Sopomon View Post
One serious flaw:

Mexico is not China.
As I said, the price differs case by case.
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Old November 8th, 2014, 06:29 AM   #624
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Chinese company just said they are going to bid again and keep on the project, so I keep my hopes.
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Mecanica de fluidos!!! no esta padre :(
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Old November 8th, 2014, 04:54 PM   #625
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Quote:
Originally Posted by Sopomon View Post
One serious flaw:

Mexico is not China.
Yeah, it is not Western Europe either.
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Old November 8th, 2014, 04:56 PM   #626
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Quote:
Originally Posted by Sopomon View Post
Huh, so that was why all the other bidders left the bidding.

If a more transparent process appears, they may well come back with serious offers.
I am sure they want more "transparent" process. Yes, that is what they want.
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Old November 8th, 2014, 09:28 PM   #627
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Bombardier CEO sees Mexico 6-mth high-speed rail bid window as "tight"

BEIJING, Nov 8 (Reuters) - Canadian train and planemaker Bombardier said a six-month window to prepare a bid for Mexico's $3.75 billion high-speed rail contract looked tight.

Mexico on Friday revoked the contract from consortium led by state-backed China Railway Constructon Corp.

The government said it expects to re-run the tender to build the 210-km (130-mile) line to connect Mexico City and the central city of Querétaro in late November under the same terms, and would keep it open for six months to enable all interested parties to participate.

"They're giving it six months which is not a lot...Usually high-speed like this should take about a year to prepare because it's very, very technically challenging to do this right," Chief Executive Pierre Beaudoin told Reuters on Saturday.

"I'll look at it with my team and we'll make a decision," he said. Bombardier was among firms accompanying Canadian prime minister Stephen Harper on a visit to China.

The China-led consortium's win was seen by analysts as a big boost for China's growing ambitions to export its high-speed technology overseas, since the country built the world's longest network in under a decade.

The bid by CRCC and its team, which also included locomotive maker CSR Corp , was accompanied by an agreement that the Export-Import Bank of China would finance 85 percent of the project costs.

Siemens, which along with Bombardier and Alstom SA, had expressed interest, said they had asked for more time to prepare a bid.

"Overall I think it's pretty balanced," Beaudoin said on competition against CNR.

"They can bring financing to the table, but we have technology that they can't bring. We have a reputation on how we handle contracts internationally. They have yet to develop a reputation outside of China," he said.

China has signalled that it wants to become more aggressive in exporting high-speed rail with state media reporting that it is looking to merge state-owned CNR and CSR to stop the firms from competing against each other overseas. Both firms are keen to supply trains to California's high-speed rail project.

Last month, CSR rival China CNR won a $567 million contract to supply trains to Boston.

"We bid this on our own costs, and we're very competitive with the Chinese manufacturers anywhere in the world, so we'll see how well they do on this contract...I just know we bid it with a margin we were satisfied with," Beaudoin said. (Writing by Brenda Goh, editing by William Hardy)

http://mobile.reuters.com/article/id...41108?irpc=932
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Old November 8th, 2014, 11:02 PM   #628
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I heard that the chinese had accepted the decision of the mexican government (I can't believe it.). So they will bid again. It seems they are pretty confident.

http://www.eluniversal.com.mx/finanz...ro-114710.html

It's unusual (to say the least).

The chinese reaction:

http://www.elfinanciero.com.mx/empresas/china.html

Well, let's see what happens.
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Old November 9th, 2014, 07:37 AM   #629
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At least they still bidding in the tender. Still thinking the Chinese offer have strong possibilities to win, again!
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Old November 9th, 2014, 11:41 PM   #630
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Does anyone know if this is the biggest project outside of china for this Chinese firm?

Also doesnt Bombardier have a large plant in Mexico?

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Old November 10th, 2014, 02:25 AM   #631
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Indeed, it would be the biggest chinese rail project overseas, in case they win (again) the tender. And yes, Bombardier has manufacturing facilities in the mexican states of Hidalgo (train sets) and Queretaro (aerospace).
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Old November 10th, 2014, 03:51 AM   #632
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Indeed, it would be the biggest chinese rail project overseas, in case they win (again) the tender. And yes, Bombardier has manufacturing facilities in the mexican states of Hidalgo (train sets) and Queretaro (aerospace).
That is a big investment of trust on Mexicos part to the chinese firm being its first outside job.
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Old November 10th, 2014, 09:22 AM   #633
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possible explanation why the deal was cancelled (i.e. "la casa blanca")

http://www.latimes.com/world/mexico-...110-story.html
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Old November 10th, 2014, 11:43 AM   #634
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From what I can read in several sources, it's the Mexican partners to the Chinese bid that are under suspicion, not the Chinese firms themselves. Maybe that's why the Chinese accepted doing the bidding process over again? Maybe the can partner up with someone else then.
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Old November 10th, 2014, 10:13 PM   #635
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Quote:
Originally Posted by 6io View Post
At least they still bidding in the tender. Still thinking the Chinese offer have strong possibilities to win, again!
They should win, especially due to the fact that they're willing to prove 85% of the financing at, I assume, a very low rate.
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Old November 11th, 2014, 08:26 AM   #636
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Originally Posted by Xicano View Post
Does anyone know if this is the biggest project outside of china for this Chinese firm.
Not just for this firm. The biggest project involve a Chinese firm so far I believe is Baha Mar Resort, a 3.5 Billion dollar cashino and resort in the Bahamas. So Mexican HSR (3.7 billion) could be the biggest one for any Chinese firm, even considering the Myitsone Dam (3.6 Billion) which is suspended.

http://en.wikipedia.org/wiki/Baha_Mar
http://en.wikipedia.org/wiki/Myitsone_Dam

Last edited by luhai; November 11th, 2014 at 08:34 AM.
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Old November 13th, 2014, 04:25 AM   #637
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Originally Posted by luhai View Post
Not just for this firm. The biggest project involve a Chinese firm so far I believe is Baha Mar Resort, a 3.5 Billion dollar cashino and resort in the Bahamas. So Mexican HSR (3.7 billion) could be the biggest one for any Chinese firm, even considering the Myitsone Dam (3.6 Billion) which is suspended.

http://en.wikipedia.org/wiki/Baha_Mar
http://en.wikipedia.org/wiki/Myitsone_Dam
Thanks for the info!

I wonder if dealing with a different govt will effect productivity if the Chinese firm wins.

Whats bombadiers largest project outside Canada?
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Old November 13th, 2014, 06:04 PM   #638
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At this point I don't think the Chinese consortium is worrying about profit, this will be the breakout project and also a showcase. So the Mexicans will potentially get an extremely good deal, they'd be stupid not to pick them, with 85% financing through China I don't think there are alot to lose.
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Old November 13th, 2014, 07:56 PM   #639
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Originally Posted by hmmwv View Post
At this point I don't think the Chinese consortium is worrying about profit, this will be the breakout project and also a showcase. So the Mexicans will potentially get an extremely good deal, they'd be stupid not to pick them, with 85% financing through China I don't think there are alot to lose.

CRCC just confirmed they are participating again after a meeting with Mexico's Transport Minister in China (yesterday).

They will present their proposal next May 2015.

And yes, they will probably win.

For China this is NOT just bussines, it's a strategic step towards a major presence in North America's future.
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Old November 14th, 2014, 04:15 AM   #640
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It seems May 2015 cannot get here soon enough...
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