by kaitoku
Interested contractors will participate in an "auction" May 2nd to determine the builder of the Rio-Sao Paulo HSR line. By auction I suppose this means the competitive bidding process. If the builder will be determined solely based on price, this will most likely favor the Korean contenders.
http://www.reuters.com/article/idUSN041 ... arketsNews
Korean sources are already expressing confidence, quoting a Brazilian official who believes Asian firms would build the line faster :
http://www.arirang.co.kr/News/News_View ... category=1
http://www.reuters.com/article/idUSN041 ... arketsNews
Korean sources are already expressing confidence, quoting a Brazilian official who believes Asian firms would build the line faster :
http://www.arirang.co.kr/News/News_View ... category=1