🇳🇮 Managua is the capital and largest city of Nicaragua, and the centre of an eponymous department. It is located on the south-western shore of Lake Managua in the Managua Department. The metropolitan area, includes the municipalities of Ciudad Sandino, El Crucero, Nindirí, Ticuantepe and Tipitapa.
Economy Managua is the economic centre and a generator of services for the majority of the nation. The city, with a population exceeding one million inhabitants, houses many large national and international businesses. It is home to many factories which produce diverse products. Multinational companies such as Wal-Mart, Telefonica, Union Fenosa, and Parmalat have offices and operations in Managua. The city's chief products include beer, coffee, pharmaceuticals, textiles, shoes, matches, construction products, etc. Her main trading products are beef, coffee, cotton, and other crops. Managua is also Nicaragua's main political, social, cultural, educational and economic hub. At the same time, the city is served by the Augusto C. Sandino International Airport, the country's primary international gateway, and regional Los Brasiles airport and Punta Huete military air base, recently renewed.
Managua is also home to all of the major banks of the nation, Banco de la Producción (BANPRO), BAC Credomatic, Banco de Finanzas (BDF), Banco de Crédito Centroamericano (Bancentro) and its parent company the Lafise Group. Several new hotels including Crowne Plaza, Best Western, InterContinental, Holiday Inn, and Hilton currently have facilities in Managua. As well as many hotels, Managua has opened four western style shopping centres or malls, such as Plaza Inter, Centro Comercial Metrocentro, Galerias Santo Domingo [es], and Multicentro Las Americas, with many more being constructed.
There is a large established local market system that caters to the majority of Nicaraguans. In Mercado Roberto Huembes, Mercado Oriental, Mercado Israel Lewites and other locations one can find anything from household amenities, food, clothing, electronics, construction materials, and other contracting supplies. The markets enjoy a substantial amount of popularity, as many of the backpacking, ecotourism-focused tourists and tourists on-a-budget use these markets for their supplies and souvenirs.
Managua is rated Gamma by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Gamma level cities are cities that link smaller economic regions into the world economy.
Managua was ranked #837 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Managua has a population of over 1,055,247 people. Managua also forms the centre of the wider Managua metropolitan area which has a population of over 1,534,218 people. Managua is ranked #962 for startups with a score of 0.097.
Twin Towns, Sister Cities Managua has links with:🇳🇱 Amsterdam, Netherlands 🇻🇪 Caracas, Venezuela 🇧🇷 Curitiba, Brazil 🇨🇺 Havana, Cuba 🇺🇸 Los Angeles, USA 🇺🇸 Miami, USA 🇵🇦 Panama City, Panama 🇪🇨 Quito, Ecuador 🇪🇸 Reus, Spain 🇧🇷 Rio de Janeiro, Brazil 🇸🇻 San Salvador, El Salvador 🇩🇴 Santo Domingo, The Dominican Republic 🇨🇱 Santiago, Chile 🇹🇼 Taipei, Taiwan 🇪🇸 València, Spain 🇵🇪 Lima, Perú 🇬🇪 Sukhumi, Georgia 🇦🇩 Andorra la Vella, Andorra 🇵🇾 Asunción, Paraguay 🇨🇴 Bogotá, Colombia 🇦🇷 Buenos Aires, Argentina 🇬🇹 Guatemala City, Guatemala 🇧🇴 La Paz, Bolivia 🇵🇹 Lisbon, Portugal 🇪🇸 Madrid, Spain 🇳🇮 Managua, Nicaragua 🇲🇽 Mexico City, Mexico 🇺🇾 Montevideo, Uruguay 🇨🇷 San José, Costa Rica 🇵🇷 San Juan, Puerto Rico 🇭🇳 Tegucigalpa, Honduras 🇷🇺 Yekaterinburg, Russia 🇪🇸 Coslada, Spain