Managua, Nicaragua

🇳🇮 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 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.