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A Territory Providing Unique Opportunities

Thanks to infrastructures comparable to the large countries in the area and qualified human resources, New Caledonia maintains a high level of economic and social development and offers numerous investment opportunities thanks to great legal, health and monetary stability.

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Sea economy

Waste management and recovery

Innovation territory

Discover New-Caledonia

Thierry Santa, President of the Government

Christophe Lecourtier

Business France : Présentation du directeur général

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An in depth look at New Caledonia’s Economy

New Caledonia holds 11% of the world's nickel reserves, which makes it the second largest reserve on the planet.

But it is not its only source of wealth.
With a maritime zone of 1,500,000km² and a still under-exploited land, the territory offers great prospects for development.

Tourism

Each year 115000 tourists visit New Caledonia, and the numbers keep rising. In addition, in 2019, 343000 cruise ship passengers stopped in New Caledonia, Thus, the territory is, after Marseille, France’s second biggest cruise ship port. Accommodation and tourism infrastructures are of high quality, as are the services offered

The Blue economy

New Caledonia can rely on a large maritime zone as well as on an exceptional biodiversity and geodiversity, which are well-preserved. The territory seeks to develop new sustainable industries which are well-suited to South Pacific Island Countries and Territories, through research, innovation and ambition.

The Green Economy

Blessed with considerable natural assets, New Caledonia is developing more and more renewable energies as they accounted for 13.5 % of the overall electricity production in 2018 (compared to 18.1 % in France) Moreover, in 2019, there were 324 companies working in eco-activities in New Caledonia. They generated 3500 jobs and accounted for 3.1 % of the territory’s companies, which makes New Caledonia, The second biggest green economy in the French Overseas Territories and Departments behind the Reunion Island.

Healthcare

New Caledonia’s health care system provides a high-level of medical care thanks to its hospitals (both public and private), medical and social centers, and both public and private health professionals.

IT

IT plays an important role in the development of several sectors in New Caledonia. New Caledonia offers numerous IT-related opportunities. For the time being, it only represents 2,6% of New Caledonia's GDP, compared to 6% in OECD countries.

Innovation

The creation and growth of innovative businesses in New Caledonia is facilitated by an ecosystem of innovation, created and developed by actors from Research and Higher Education with the help of a dynamic business world.

Agriculture

The sector can rely on one of the most important component of New Caledonia’s capital: land. New Caledonia is the third biggest island in the insular Pacific and houses tens of thousands of hectares of exploitable land, only 13% of which are used. Moreover, the island benefits from excellent health security which, coupled with a varied climate makes it ideal for the production of fruit and vegetables as well as for cattle breeding.