by Joe Salamone
With so much talk about the real estate scene along the Pacific Coast or in Granada, sometimes the rate of development of the urban center, Managua, passes unnoticed. Besides being the governmental, commercial, educational, and entertainment capitol of Nicaragua, Managua offers most modern conveniences, accommodations, amenities, shopping opportunities and diversions as any great city of 1.5 million people. The business climate is conducive to expansion due to the upcoming CAFTA trade agreement and accords to forgive national debt. Many existing companies are expanding operations and more than a few international companies have plans to move in. Others are considering the advantages of doing business here for many reasons, one being a large, ready, and affordable work force. These factors and more fuel much optimism and are steps toward economic stability and sustainable growth.