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Unable to read the project file. The imported project was not found

today when i tried to open a project on Visual studio 2008, it showed the following error message and it failed to lasd.

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Microsoft Visual Studio
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Unable to read the project file project.csproj'. Path\project.csproj(65,11): The imported project "D:\Program Files\MSBuild\Microsoft\VisualStudio\v8.0\WebApplications\Microsoft.WebApplication.targets" was not found. Confirm that the path in the <Import> declaration is correct, and that the file exists on disk.
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OK   Cancel  
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Where i installed the Visual studio to the D drive.

If you have the same issue, just copy the VisualStudio folder from C:\Program Files\MSBuild\Microsoft to Drive:\Program Files\MSBuild\Microsoft