Traditional medicine fails to attract investors

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  • Sunday, January 22, 2012
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  • PHNOM PENH (Cambodia 24h.Plus) - Traditional medicine in Cambodia is failing to attract investors despite the sector's potential, according to Chou Yin Sim, Secretary of State of the Ministry of Health .  

    "The ministry has already encouraged local people to use traditional medicine but our traditional medicine sector is not as developed as in other ASEAN countries because we don’t have investors," he said.  

    “We have a lot of traditional medicines and some practitioners but no factories,” the secretary of state said. “Most of our traditional medicine is applied with traditional ways.”

    Heang Ponley, director of the National Center for Traditional Medicine Research, said that although the ministry had clear a policy for the sector, the industry had not yet developed.   

    Sok Sokun, director of the Phnom Penh Health Department, said Cambodia had  591 pharmacies of which 98 are traditional medicine shops with proper licenses and trained practitioners.

    Some people still believe in traditional medicine because it is cheaper than conventional medicine, he said. 



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