Sunday, 13 July 2008

OMD Expands into Cambodia, Laos

Sunday, 13 July 2008
By Anonymous

PHNOM PENH Omnicom media network OMD has expanded its footprint into Cambodia and Laos through a joint venture with local full- service agency Red Dot. OMD launches to service key international clients with a presence in the fast-growing Southeast Asian economies, such as Visa International, which is also a Red Dot client.

Omnicom Media Group's regional MD, Southeast Asia, Jim Goh, said: "Establishing our presence in new markets is very important from a global network perspective."

Red Dot opened in Cambodia in 2000 with three staff.

The agency now has 50 staff. Red Dot's MD John Seow said: "With OMD's resources behind us, we will be able to offer our clients a whole new level of brand building and communications capabilities. After decades of turbulence, Cambodia is enjoying political stability showered by an escalating economic boom."

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