CAF order book stands at 2.8 bln eur after Mexico light rail contract - report
Construcciones Auxiliar FFCC SA’s order book stands at around 2.8 bln eur after the company won a 510 mln contract to construct and operate a light rail network in Mexico City, El Pais reported, citing unnamed CAF sources.
Yesterday, CAF said Indra Sistemas SA, Obrascon Huarte Lain SA, Alcatel, Elecnor SA, ADIF and Ineco will all participate in the project.
According to El Pais, about 100 mln eur of the total investment will be subsidised by the Mexican government.
The copying, republication or redistribution of AFX News content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
More: forbes.com
Construcciones y Auxiliar de Ferrocarriles SA has won the bid to construct and operate a light rail network in Mexico City, with an investment totalling around 510 mln eur, El Pais reported, citing the Mexican transport authorities.
CAF beat Alstom for the contract, the newspaper noted.
The new rail network will be operational in Oct, 2006, El Pais added.
Source: forbes.com
Aug. 19 (Bloomberg) -- A partnership of Bombardier Inc., Siemens AG and Grupo Garza Ponce SA won a $244 million contract to equip an expanded Monterrey, Mexico, light rail mass transit system.
Bombardier, the world's biggest maker of railway equipment, valued its share at about $43 million in a statement distributed by Business Wire today. Bombardier said it will provide 14 light rail vehicles to the Monterrey Mass Transit Authority, Metrorrey, with deliveries expected in the second half of 2007.
The Monterrey transit system, Mexico's second-largest, is being lengthened by 8.7 kilometers, including 1.5 kilometers underground, Bombardier said.
Source: Bloomberg.com
Foreign bid on Dallas to Mexico rail line
Louis Repa has been farming his land near Granger for almost 50 years. Ten years ago he dodged a proposed light rail line that was to run right through the middle of his corn field.
Now, the Trans-Texas Corridor threatens to do the same.
"If it goes through this piece of property and I have 20 acres on this side and then have another 20 acres on this other side. It's going to be hard to get over here to this other plot that's going to be left. It's just going to make a
Kansas City Southern tries to halt Mexico rail deal
U.S. rail operator Kansas City Southern (KSU.N: Quote, Profile, Research) asked Mexico's anti-trust body on Friday to stop Grupo Mexico (GMEXICOB.MX: Quote, Profile, Research) merging its Ferromex rail operations with those of recently purchased Ferrosur.
In a statement, Kansas City Southern's Mexican unit said the merger of Ferromex and Ferrosur, which was bought from Mexican tycoon Carlos Slim's Grupo Carso last month, would limit competition.
More: today.reuters.com
GE Unit Wins Contract From Mexico Utility
GE Energy said Thursday it was awarded a contract by Mexico's state-owned electric utility to expand output capacity at the country's only nuclear power plant.
In a news release, the unit of General Electric Co. said the contract from the Federal Electricity Commission, or CFE, is to initially provide safety and licensing evaluations for plans to increase output by 20 percent at the Laguna Verde plant in the Gulf coast state of Veracruz.
Soure: news.moneycentral.msn.com
WASHINGTON, Sept 2 (Reuters) - Fluorescent shrimp, crabs that detect ultraviolet light in the sunless depths, and an unseen creature that tumbled a massive camera have surprised scientists diving in the Gulf of Mexico.
Their expedition has turned up an array of creatures that use fluorescence in ways previously unknown to science, the team, a collaboration of federally funded researchers, said on Friday.
The discoveries suggest that even animals living with no light from the sun can detect and use light, perhaps for hunting, mating and other purposes, the researchers report on their Internet Web site, http://oceanexplorer.noaa.gov.
"This is incredible because these animals
GE Energy's Nuclear Business Wins Contract to Boost Mexico Nuclear Plant's Output
GE Energy's nuclear business has been awarded a contract to support the next phase of a Mexico utility's preparations for an extended power uprate (EPU) at the Laguna Verde Nuclear Power Plant in Mexico.
Originally designed by GE, each of Laguna Verde's two boiling water reactors (BWRs) has an output of 695 megawatts. The plant is located in the state of Veracruz, 70 kilometers northwest of the city of Veracruz and 60 kilometers northwest of the city of Jalapa, the state capital, along the Gulf Coast.
Plant operator Comision
Virtual fence to protect US-Mexico border
BOEING has been chosen to build a virtual fence using sensors and cameras along the US border with Mexico and Canada to help control illegal immigration in a contract projected to be worth up to $US2billion ($3.2billion).
The Secure Border Initiative, or SBInet, will be launched along a 45km stretch of the border near Tucson, Arizona, and eventually be expanded to some 9656km of border areas, the Department of Homeland Security said on Thursday.
What we are looking to build is a virtual fence, a 21st-century virtual fence, Homeland Security Secretary Michael Chertoff said.
Mr Chertoff said the
Will Mexico come clean?
PRESIDENT VICENTE FOX of Mexico took office in 2000 vowing to finally prosecute officials responsible for the deaths, "disappearing" and torturing of hundreds in that nation's "dirty war" of the 1970s. Victims' families have waited for decades to uncover what happened to their loved ones. Although plenty of new findings have come to light, disappointingly little has been done to prosecute those responsible for the illegal repression.
One reason to hope that this might change is a draft of a new report prepared by President Fox's special prosecutor's office. It documents the kidnapping and torturing of hundreds of
Mexico OKs Request to Close Copper Mine
Mexican labor authorities approved Grupo Mexico SAs request to close the La Caridad copper mine and cancel the collective contract after a three-month strike, a company official said Friday.
Juan Rebolledo, vice president for international affairs for Grupo Mexico, said the labor arbitration board approved the closure of the mine in northwestern Sonora state, and that the company can now cancel the contract which involves at least 1,200 unionized workers.
About 700 nonunion staff and 800 contract workers also will be affected, although the company can later reopen the mine with other workers once the
