Reuters: Regulatory News: Cetip sees need for foreign money in Brazil roads, rails plan

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Cetip sees need for foreign money in Brazil roads, rails plan Aug 16th 2012, 13:09 SAO PAULO | Thu Aug 16, 2012 9:09am EDT SAO PAULO Aug 16 (Reuters) - Brazil's plan to boost infrastructure and logistics investments by 133 billion reais ($65 billion) is likely to require foreign money, since local savings might not be enough to fund projects, Luiz Fernando Vendramini Fleury, chief executive of securities clearinghouse Cetip, said on Thursday.

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