The first phase of the Bac Lieu province’s sea wind power project has been completed. Estimated to cost 5,200 billion dong, the project is funded through loans from the US Import and Export Bank. The first phase of the project involves the installation of 62 turbines with a total capacity of 99.2 MW, followed by 52 turbines in the second phase. The total production capacity will be 400 million kWh per year. Cong Ly Construction and Trading Company Limited is responsible for the implementation of the project.