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JHSF to Invest 400 Million Reais in Brazil Airport, Folha Says

Brazilian construction company JHSF Participacoes SA may invest 400 million reais ($215 million) to build an international private airport for executive jets, Folha de S.Paulo reported, citing a document that gave details of the project it obtained.

The airport would be built in Aracariguama, 60 kilometers from the city of Sao Paulo, the newspaper said. JHSF declined to comment on the project, according to Folha.

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