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April 13th, 2009
New Jersey: State officials look out of state to find investors on highway projects

The Associated Press – New Jersey officials are hitting the road to find people willing to sink money into state highway projects.

In better economic times, the state could sell bonds to finance road projects with little marketing effort. But now, with the country in recession and credit markets struggling, officials in New Jersey and elsewhere have resurrected the “roadshow,” going beyond their borders to pitch investors on their funding needs. [read more…]

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