Managua the national education center, with most of the nation's prestigious universities and higher education institutions based there. In 2007, after a successful literacy campaign, Managua was declared by the Mayor of Managua and the Sandinista party newspaper to be the first capital city in Central America to be rid of illiteracy. Nicaragua's higher education system consists of 48 universities and 113 colleges, vocational and technical institutes which serve students in the areas of electronics, computer systems and sciences, agroforestry, construction and trade-related services. The educational system includes 1 United States accredited English language university, 3 bilingual university programs, 5 bilingual
Managua 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), Banco de América Central (BAC), 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 centers or malls, such as Plaza Inter,