Mexico taking new bids on high-speed train concession derailed by favoritism allegations

January 15, 2015 3:05 AM

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MEXICO CITY – Mexico began accepting new bids on a multibillion-dollar high-speed rail project Wednesday, two months after the concession was abruptly canceled amid allegations of favoritism.

The planned 130-mile (210-kilometer) line between Mexico City and the central city of Queretaro would be the first of its kind in Latin America, reaching speeds of up to 186 mph (300 kph).

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