Logo of Phnom Penh Post newspaper Phnom Penh Post - Kingdom should adopt Cape Town Convention, say insiders

Kingdom should adopt Cape Town Convention, say insiders

Content image - Phnom Penh Post
Airplanes at the Sihanouk International Airport on September 1. Heng Chivoan

Kingdom should adopt Cape Town Convention, say insiders

As the Cambodian aviation sector grows rapidly alongside significant growth in the tourism sector, the Kingdom should consider adopting the Cape Town Treaty for the benefit of aircraft purchasing and leasing, industry insiders said.

The Cape Town Convention on International Interests in Mobile Equipment – or Cape Town Treaty – is a mechanism allowing aviation companies to lease or buy aeroplanes and helicopters at a lower cost, as well as acquire some of the latest aviation technologies on the market.

The US Embassy in Phnom Penh, in partnership with AmCham Cambodia and Cambodia’s State Secretariat of Civil Aviation, last Friday hosted a seminar on Aviation and the Cape Town Treaty.

Speaking to reporters at the event, Michael Newbill, Charge d’affaires at the US Embassy in Phnom Penh, said Cambodia’s tourism sector is growing very fast, bring a huge growth opportunity for the country’s aviation sector.

While citizens, as well as tourists, require modern aviation infrastructure and services to support growing international travel and trade, Newbill said the adoption of the Cape Town Treaty could allow the Kingdom’s aviation companies to lease or buy aeroplanes and helicopters at lower costs, as well as acquire some of the latest aviation technologies on the market.

“If you look at tourism growth in Cambodia, it is very high and the aviation sector is a very large and very positive area for growth and we would like to contribute to that growth."

“It offers tremendous economic and trade opportunity for US aircraft, for US aviation technology and US aviation services which we are very eager to promote,” he said.

The Cape Town Treaty seminar’s objective was to help the Kingdom’s aviation companies better understand the benefits of the Cape Town Treaty and learn more about how the convention can support the country’s growing number of airlines and helicopter companies, including how to reduce costs on aircraft purchases and leases as well as provide new sources of financing.

In attendance were 13 representatives from across the US’ aviation landscape – including Boeing, General Electric, Aircastle and Magellan Aviation Group.

State Secretary of Civil Aviation spokesman Sin Chansereyvutha said adopting the treaty would be very useful, especially for Cambodia, which has a growing aviation sector.

He said Cambodian airlines possess about 30 aircraft and are unable to lease them directly from aircraft companies. Without joining the Cape Town Convention, Chansereyvutha said local airlines need a third company, mostly in other countries, to guarantee Cambodian airlines can lease aircraft.

“We are willing to join, but there will be some difficulties. To join the Cape Town Convention, we will need to face some issues such as the need to revise some laws,” he said, adding that successfully joining the convention will take time, human resources and government support.

“I believe that we will need about one or two years to adopt the Cape Town Convention and it needs the support from the government and relevant stakeholders.”


  • Ministry orders all schools, public and private, to close for SEA Games

    From April 20 to May 18, all public and private educational institutions will be closed to maintain order and support Cambodia's hosting of the 32nd SEA Games and 12th ASEAN Para Games, said a directive from the Ministry of Education, Youth and Sport. Cambodia will host the

  • Almost 9K tourists see equinox sunrise at Angkor Wat

    Nearly 9,000 visitors – including 2,226 international tourists – gathered at Angkor Wat on March 21 to view the spring equinox sunrise, according to a senior official of the Siem Reap provinical tourism department. Ngov Seng Kak, director of the department, said a total of 8,726 people visited Angkor Wat to

  • Angkor Beer strengthens national pride with golden new look and fresher taste

    Angkor Beer – the "Gold of Angkor" – has a new look, one that is more stylish and carries a premium appeal, as well as a fresher taste and smoother flavour, making it the perfect choice for any gathering. Angkor Beer recently launched its new design, one

  • Newest horror film showcases unique Khmer culture, identity

    At first glance, the trailer to new horror sensation The Ritual: Black Nun looks like a western-produced feature film. As the story reveals itself to the viewers, it becomes clearer that this is a Khmer film, with a strong Cambodian identity and close links to

  • Water supply authority assures public shortages over early ‘24

    The Phnom Penh Water Supply Authority (PPWSA) asked for understanding from Phnom Penh residents in some communes where water pressure is weak. They assured residents that all supply issues will be resolved by early 2024, but have suggested that residents use water sparingly in the meantime.

  • Khmer ballet documentary debuts April 1

    A new documentary, The Perfect Motion, or Tep Hattha in Khmer, will premiere to the public on April 1. The documentary film follows two intertwined storylines: the creation of a show called Metamorphosis by the late Princess Norodom Buppha Devi (her very last production) and the