Representatives
of
Ex-Im
Bank
and
the
Vietnam
Development
Bank
(VDB)
signed
a
letter
of
intent
over
the
deal
in
Hanoi
yesterday.
Ex-Im
Bank
–
an
independent
federal
agency
set
up
to
support
US
trade
around
the
world
–
will
provide
funding
to
wind
development
in
the
Mekong
Delta.
No
details
were
given
of
the
scale
or
timings
of
the
plans.
Phase
I
of
the
project
is
currently
underway
in
the
southern
province
of
Bac
Lieu,
financed
by
VDB’s
domestic
loans
and
using
GE
1.6MW
turbines.
Future
wind-power
investors
that
secure
Ex-Im
funding
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