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Economy of Noumea


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currently a major tourist destination. The cost of living is high, and there is no cheap air travel from the Pacific Rim.

Nouméa is, as of 2007, one of the most rapidly growing cities in the Pacific, and has experienced a major housing construction boom within the past decade. The installation of amenities has kept pace, and the municipality boasts a public works programme. Much of this construction is apparently fuelled by investment from France. It is the hope of the government that this investment, over the lifetime of the multi-decade track towards increasing autonomy planned under the Matignon Agreements and now the Nouméa Accord, will eventually become fully sustainable.

Aircalin, the international airline of New Caledonia, and Air Calédonie (Aircal), the domestic airline, have their headquarters in the city. Aircal's headquarters are on the grounds of Magenta Airport. IBM has an office in Nouméa

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