The Costa Rican Railroad Institute (INCOFER) announced that it will buy eight new trains from CRRC Quingdao Sifang Co. Ltd, a Chinese company dedicated to researching, developing and manufacturing railway locomotives and rolling stock products.
MEXICO CITY – Mexico abruptly withdrew a multi-billion-dollar deal Thursday with a Chinese-led consortium to build the country's first bullet train after concerns were raised about the bidding process.
Anyone who has driven in San José's Greater Metropolitan Area, where train tracks merge with vehicular traffic – often without signage and safety gates – will likely praise the ruling.
