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Thursday, 17 May 2012

Pension funds eyed for finance

Pension funds provide a good alternative to financing infrastructure development projects while strengthening local economies, K&M Engineering CEO Michael Kappaz said at the second CG/LA Global Infrastructure Leadership Forum in Washington in December. Kappaz said that Chile and Colombia were mature economies with strong pension fund models that were investing in infrastructure. That promoted the nations' economic and social development, he said.

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