Aroundtheworld
Didi launches in Mexico
Chinese car-hailing company Didi Chuxing has launched in Mexico with a website advertising its service to drivers and passengers, setting the stage for a potentially expensive showdown with rival Uber, Reuters reported over the weekend.
A spokesman for Didi Chuxing Technology Co said that the company will launch first in Toluca, an urban hub located around 60 kilometers from the country’s capital. Didi has already an operations hub in the Juarez neighborhood in Mexico City.
Didi chose Toluca because it is a “robust regional commercial and cultural” center, said the spokesman, who declined to be identified. Its priority will be to learn from local communities about their transportation needs, the spokesman said.
CHEC to upgrade port
Beijing-based China Harbor Engineering Co (CHEC) on Friday signed an agreement to undertake a dredging project at Ukraine’s southern Black Sea port of Chornomorsk.
CHEC won the tender on March 14, beating four companies from Ukraine and Europe with a price of 404 million hryvnyas ($15.6 million).
The Chinese company has to deepen the port’s approach channel to 16 meters and deepen one of the port’s operational areas to 15 meters boosting the handling capacity of the port. The project is set to be completed by the end of this year.