Thermostatic Bathtub Faucet,Bath Hand Shower Set,Tub and Shower Set,Bath Shower Set kaiping aida sanitary ware technology co.,ltd , https://www.aidafaucet.com
Yesterday afternoon, according to local media reports in Mexico, Mexico suddenly canceled the news that Chinese companies have won the bid for high-speed rail. As of 21:00 yesterday, China Railway Construction, China South Locomotive, and the Mexican Embassy in China have not confirmed this news. Experts say that Mexico’s decision is forced by domestic political pressure.
The Mexican side said that there are too few bidding companies participating in the project.
According to local media reports in Mexico, Mexican Minister of Transport Espaza told the media on Thursday night that Mexican President Nieto "removed the bidding results on November 3" a few minutes ago and decided to restart the bidding process.
Espaza said that the Mexican president made this decision based on the following two points: First, too few companies to participate in the bidding for the high-speed rail project; second, the processing time of the bidding process is not sufficient.
This line is the first 300 kilometers per hour high speed railway built by Chinese companies overseas.
As of 21:00 yesterday, the Mexican Embassy in China did not confirm the matter to the Beijing News reporter, indicating that there is no relevant information disclosure.
The Chinese side also said that the current state of affairs is still unclear. According to media reports, the Ministry of Commerce spokesperson Shen Danyang responded that afternoon, as of now, no news has been obtained.
For Mexico to suddenly cancel the high-speed rail bid results of Chinese companies, the relevant person in charge of the China South Locomotive Group participating in the project responded to the reporter of the Beijing News, which is currently being verified. When asked about the possible impact on CSR Group, the relevant person in charge of CSR Group said that if it is true, it will respond.
The high-speed rail project is scheduled to start in December this year.
The Mexican government announced on the 3rd that the international consortium led by China Railway Construction won the bid for the high-speed railway project from the capital city of Mexico City to Queretaro, the third largest city in Mexico. This will be the first high-speed rail project on the American continent with a speed of 300 kilometers per hour, with a total length of about 210 kilometers. The high-speed rail project is scheduled to start in December this year and will be completed and put into operation in 2017 with a contract value of 58.95 billion Mexican pesos (about 27.016 billion yuan).
â– Causes
Why did Mexico cancel the high-speed rail contract?
According to Mexican media reports, Mexico’s Minister of Transport Espaza said that the president’s decision was made to avoid “questioning the legality and transparency of the tenderâ€.
Mexico's high-speed rail project has previously attracted 16 companies including Mitsubishi Japan, Alstom France and Siemens Germany. The Mexican project has been issued for two months from the time of the tender to the tender, and only the tender of the consortium led by Chinese companies was received.
According to Mexican media reports, at the end of October, major opposition party members in Mexico held a press conference to request the government to cancel the tender. The reason was that the bidding time was too short, it was unfair to the participating companies, and the Mexican company and the Chinese company that was united with China were too close.
Espaza said that the new tender will start soon. This time, companies have a longer time to prepare bids.
Xu Shicheng, a researcher at the Latin American Institute of the Chinese Academy of Social Sciences, told the Beijing News that the Mexican president can bypass the parliament to make a separate decision. The project was initiated by the Mexican government, and the amount was high. The parties concerned were highly concerned. Due to domestic political pressure, the Mexican president made such a decision and conveyed the news through the Ministry of Communications.
Previously, in Mexico, some small projects also had a “reinvented†situation, which is rare in large projects like high-speed rail.
â– Reaction
China Railway Construction shares fell nearly 5%
Yesterday, due to the sudden withdrawal of the high-speed railway bidding rights of Chinese companies, the winning bidders of China Railway Construction A and H shares fell, among which A shares fell 4.94% to close at 6.73 yuan, and H shares also fell 5.76% to close at 8.02. Hong Kong dollar. The China South Locomotive, which also won the bid, was in a suspension period due to the planned merger, and failed to respond to the stock price.
At the same time, high-speed rail related concept stocks went down. In terms of A shares, the decline of more than 4% includes Maanshan Iron and Steel Co., Taiyuan Heavy Industry, China Railway, Baosheng, China Railway Second Bureau and Jinyi Industrial. More than 2% of the decline included tunnel shares, Northwest Bearings and so on. China Railway H shares fell 5.46%.
For this sudden attack, Huizhou Xiongfeng Investment Management Financial Consulting Xiong Yan believes that the above-mentioned news for the A-share high-speed rail sector, forming a short-term negative, such as China Railway Construction, but will not affect the upward trend of the high-speed rail mid-line. Investors need to continue to follow up on the follow-up of Mexican project bids.
Wang Mengshu, an academician of the Chinese Academy of Engineering, said in an interview with the media yesterday that it is still necessary to "wait and see" for the news that Mexico has suddenly cancelled the high-speed rail winning bid of Chinese companies. According to the high transparency of international bidding, China's high-speed rail is the world's number one in terms of quality and cost, and there are no competitors.
Focus 1
Is there a violation in the bidding process?
Is the bidding process illegal? On the 5th, the Xinhua News Agency published a general review of the entire tendering process. According to the report, the Chinese bid has more than 26,000 pages and the score of the evaluation has reached 94.44 points. The Mexican side also stated that the entire bidding process is completely open and transparent.
Ying Erqiang, deputy general manager of China Railway Construction International Group Co., Ltd., said in an exclusive interview with Xinhua News Agency on the 4th that "we have done a lot of preliminary research and preparation for the market before the bidding, including the selection of local partners. At the time, we have a more adequate preparation."
The Xinhua News Agency reported that after the announcement of the global bidding by the Mexican side in September 2013, China mobilized a large amount of manpower and resources to investigate the project, and the tender was truly tailor-made for Mexico. Ying Erqiang introduced that China’s bids totaled more than 26,000 pages.
At the press conference to announce the results of the bidding on the 3rd, the Minister of Communications and Transportation of Mexico, Espaza, stressed that the tendering process for the entire high-speed rail project was completely open and transparent, in line with legal requirements.
Ying Erqiang said that the Mexican side has a very strict opening procedure, and a number of forensic personnel, lawyers, etc. are on the spot to read on the spot; in the bid evaluation process, Mofang hired a very experienced local railway construction company, the latter equipped A team of 50 people spent more than 2,800 hours reviewing bids.
“In the whole process of bid evaluation, whether it is the Ministry of Communications or the supervision company, we have given us very objective judgments,†Ying Erqiang said. “With a total score of 100 points, we got 94.44 points...â€
Focus 2
Why is there only one bidder?
Why is there such a single bidding for one participant?
According to the China Business News, the project was first issued in Mexico on August 15, 2014. 16 companies including Mitsubishi, Alstom, Bombardier, Canada and Siemens in Germany all showed strong interest in the project, but many The company thought that its time was too hasty and could not submit the bid and start work within the limited time in Mexico. The letter requested that the bidding time be delayed, and then the Mexican Ministry of Communications refused, and the international company all withdrew from the bidding.
The bidding consortium of China Railway Construction, China South Locomotive, China Railway Construction International Corporation, China Railway Construction Mexico Company and four local railway companies in Mexico became the sole bidder for this tender.
Focus 3
Does Mexico need to compensate China?
If Mexico withdraws the Chinese company’s winning bid, does it need to compensate Chinese companies?
A state-owned enterprise employee who has participated in many overseas project biddings said that according to the general situation, Mexico does not need to make compensation for this move.
The professional said that after a project won the bid, it was often a long time to sign a formal contract. Before the contract is signed, Party A has the right to cancel the result of the winning bid without special provisions, and basically does not need compensation.
When bidding for a large-scale international project, the bidder will attach the bank's bid bond when submitting the bid. The fee stipulated in the guarantee is generally 5% or 10% of the project amount. If the bidder cancels the bidding documents or does not enter into a contract, the bidder can remove the money.
The person speculated that the amount of the tender guarantee should be returned after Mexico has withdrawn the results of the Chinese bid. As for the expenses incurred when China issues a letter of guarantee, you can ask the other party to apply for compensation, but it is unlikely.
At present, the risks of some large overseas projects are relatively high, and Party A often has a large advantage. In China's overseas projects, there have been cases in which the amount of the guarantee was deducted by the other party or the result of the successful bid was cancelled.
Mexico cancels China Railway Construction High-speed Railway bid
Abstract On November 7, the first Chinese high-speed rail collective order to go to sea suddenly encountered variables. According to Agence France-Presse, Mexico has suddenly cancelled a multi-billion dollar high-speed rail contract with Chinese companies. Prior to this, on November 3, the Mexican Ministry of Transportation announced that China Railway Construction took the lead...
On November 7, the first Chinese high-speed rail collective order to go to sea suddenly encountered variables. According to Agence France-Presse, Mexico has suddenly cancelled a multi-billion dollar high-speed rail contract with Chinese companies. Prior to this, on November 3, the Mexican Ministry of Transportation announced that the Chinese consortium led by China Railway Construction Corporation won the bid as the sole bidder.