Multivista Opens in Panama’s Thriving Market

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Newest Multivista franchise offers visual construction documentation services in Central America’s second largest and fastest growing economy.

Phoenix, Arizona, March 15, 2016 – Construction is booming in Panama and Multivista, the leader in visual construction documentation services, is excited to be a part of Central America’s fastest growing economy with its newest franchise—Multivista Panama.

New franchise owners, Angel Davila and Ramon Colina, are perfectly positioned to successfully launch Multivista’s first location in Central America and bring the exclusive web-based software featuring construction photo, video, and webcam services to the rapidly expanding construction and facilities management industries across the entire country.

Panama Expansion Construction Documentation

“It is no secret that the construction spend in Panama has been on the rise during the last seven years,” says Davila. “We have survived every recession and we still see overall spending going up. Ramon and I clearly see the necessity for a tool like Multivista to help improve construction project accountability, quality control, and transparency.”

Both Davila and Colina bring local market knowledge and industry experience to Multivista Panama. Davila worked in the banking industry as a Corporate Banking Officer servicing the construction loans sector. “I managed a very dynamic portfolio of clients and large corporate accounts,” Davila said. “This gave me a solid understanding of the financial aspects and processes of our local construction industry, as well as insight into how rework, construction errors, claims, legal actions, and the lack of documentation can severely affect a project’s financials.”

Ramon Colina also has significant experience in banking, sales, and construction. In 2013, Colina left the banking industry to manage Grupo Colina, a family-owned group of companies that specialize in general contracting, marine construction, land ownership and development, and water supply and installation. Colina said, “The experience with my family’s business and the existing relationships within the local industry will be a big help to grow our sales with Multivista.”

Multivista construction documentation captures progressive visual records of actual construction conditions that can be accessed via an integrated software platform. The system and services improve jobsite productivity and collaboration throughout a building’s life cycle.

Multivista Panama will serve the entire Republic of Panama including Panama City, home to nearly half of the country’s 3.9 million people. Both Colina and Davila expect their new Multivista franchise to have immediate effects on Panama’s construction industry. “With Multivista, project teams can record and document every square foot at every milestone during the entire construction process” said Davila. “We are looking forward to driving industry-wide adoption and seeing Multivista become a recognized, valued tool in Central America.”

About Multivista

Multivista is the leading provider of visual documentation services to the Construction and Facilities Management Industries. It combines photography, video, and webcam services with a robust software delivery platform to create interactive records of actual construction conditions and events. Increasingly a project standard on all types and sizes of construction projects, industry professionals use Multivista® documentation to improve efficiency, enforce accountability, verify quality, reduce risk, and control costs – before, during, and after construction. Founded in 2003, Multivista now operates in more than 50 major metropolitan areas across the United States, Canada, the United Kingdom, and Panama. Multivista has been awarded contracts to document more than 1.5 billion square feet of construction projects in the last seven years alone, compiling a global portfolio that represents nearly every vertical market. Multivista Panama is located at 1511B Akee Street, Panama City. Contact Angel Davila Owner, at 507-387-4189 for more information.

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