| MEXICO CITY, June 11
MEXICO CITY, June 11 Bombardier Inc,
the world's biggest train manufacturer, anticipates bidding on
all six of the new Mexican passenger rail projects it expects to
be tendered later this year, the company's Mexico chief said on
Mexican President Enrique Pena Nieto has vowed to oversee a
passenger rail renaissance in Mexico, with six major projects
planned by 2018, including a high-speed connection between
Mexico City and the industrial hub of Queretaro, the Mexican
home of Bombardier's aerospace unit, about 136 miles (218 km)
north of the capital.
"For me, my personal goal is to participate in every bid and
win them all," Alfredo Nolasco, the Montreal-based company's
chief Mexico representative, told Reuters, but he cautioned the
company is awaiting more details on the projects to be released
by the government before deciding if the numbers work.
"Us here at Bombardier, and I think the whole industry, have
faith these projects will be completed. If we didn't think so,
we wouldn't be following it so closely and precisely."
Nolasco said he expects bidding on the new rail projects to
open by September.
In the last 20 years, Bombardier has invested $200 million
in its Mexican train-assembly business, with clients including
the New York City subway.
Bombardier supplies all of the trains for Guadalajara's
urban light rail system, three-quarters of Monterrey's and
two-thirds of Mexico City's subway trains.
In Bombardier's most recent earnings report, it said
quarterly revenue for its rail transport unit rose 15 percent to
$2.1 billion. It said it expects an increase in train revenue
over the course of the year, but did not provide a specific