diff --git a/yarn-project/Dockerfile b/yarn-project/Dockerfile
index 3349532fa20..d521bc9474c 100644
--- a/yarn-project/Dockerfile
+++ b/yarn-project/Dockerfile
@@ -18,7 +18,7 @@ RUN cd l1-artifacts && ./scripts/generate-artifacts.sh && rm -rf /usr/src/l1-con
 # This is actually our code generation tool. Needed to build contract typescript wrappers.
 RUN yarn workspace @aztec/noir-compiler build
 # Generates typescript wrappers.
-RUN yarn workspace @aztec/noir-contracts.js build:contracts
+RUN yarn workspace @aztec/noir-contracts.js build
 # We need to build accounts as it needs to copy in account contracts from noir-contracts.
 RUN yarn workspace @aztec/accounts build:copy-contracts
 RUN yarn workspace @aztec/protocol-contracts build:copy-contracts
diff --git a/yarn-project/bootstrap.sh b/yarn-project/bootstrap.sh
index cbbf1fee8ae..78480fa5709 100755
--- a/yarn-project/bootstrap.sh
+++ b/yarn-project/bootstrap.sh
@@ -41,7 +41,7 @@ echo "Building noir compiler..."
 yarn workspace @aztec/noir-compiler build
 # Builds noir contracts (TODO: move this stage pre yarn-project). Generates typescript wrappers.
 echo "Building contracts from noir-contracts..."
-yarn workspace @aztec/noir-contracts.js build:contracts
+yarn workspace @aztec/noir-contracts.js build
 # Bundle compiled contracts into other packages
 echo "Copying account contracts..."
 yarn workspace @aztec/accounts build:copy-contracts
diff --git a/yarn-project/noir-compiler/src/cli/codegen.ts b/yarn-project/noir-compiler/src/cli/codegen.ts
index 19c90f0a551..1f2656e8ebb 100644
--- a/yarn-project/noir-compiler/src/cli/codegen.ts
+++ b/yarn-project/noir-compiler/src/cli/codegen.ts
@@ -1,11 +1,16 @@
+/* eslint-disable no-console */
 import { loadContractArtifact } from '@aztec/types/abi';
 
-import { mkdirSync, readFileSync, readdirSync, statSync, writeFileSync } from 'fs';
+import crypto from 'crypto';
+import { existsSync, mkdirSync, readFileSync, readdirSync, statSync, writeFileSync } from 'fs';
 import path from 'path';
 
 import { generateNoirContractInterface } from '../contract-interface-gen/noir.js';
 import { generateTypescriptContractInterface } from '../contract-interface-gen/typescript.js';
 
+const cacheFilePath = './codegenCache.json';
+let cache: Record<string, string> = {};
+
 /** Generate code options */
 type GenerateCodeOptions = { /** Typescript */ ts?: boolean; /** Noir */ nr?: boolean };
 
@@ -13,10 +18,13 @@ type GenerateCodeOptions = { /** Typescript */ ts?: boolean; /** Noir */ nr?: bo
  * Generates Noir interface or Typescript interface for a folder or single file from a Noir compilation artifact.
  */
 export function generateCode(outputPath: string, fileOrDirPath: string, opts: GenerateCodeOptions = {}) {
+  readCache();
   const stats = statSync(fileOrDirPath);
 
   if (stats.isDirectory()) {
-    const files = readdirSync(fileOrDirPath).filter(file => file.endsWith('.json') && !file.startsWith('debug_'));
+    const files = readdirSync(fileOrDirPath, { recursive: true, encoding: 'utf-8' }).filter(
+      file => file.endsWith('.json') && !file.startsWith('debug_'),
+    );
     for (const file of files) {
       const fullPath = path.join(fileOrDirPath, file);
       generateFromNoirAbi(outputPath, fullPath, opts);
@@ -24,12 +32,21 @@ export function generateCode(outputPath: string, fileOrDirPath: string, opts: Ge
   } else if (stats.isFile()) {
     generateFromNoirAbi(outputPath, fileOrDirPath, opts);
   }
+  writeCache();
 }
 
 /**
  * Generates Noir interface or Typescript interface for a single file Noir compilation artifact.
  */
 function generateFromNoirAbi(outputPath: string, noirAbiPath: string, opts: GenerateCodeOptions = {}) {
+  const contractName = path.basename(noirAbiPath);
+  const currentHash = generateFileHash(noirAbiPath);
+
+  if (isCacheValid(contractName, currentHash)) {
+    console.log(`${contractName} has not changed. Skipping generation.`);
+    return;
+  }
+
   const contract = JSON.parse(readFileSync(noirAbiPath, 'utf8'));
   const aztecAbi = loadContractArtifact(contract);
   const { nr, ts } = opts;
@@ -52,4 +69,32 @@ function generateFromNoirAbi(outputPath: string, noirAbiPath: string, opts: Gene
     const tsWrapper = generateTypescriptContractInterface(aztecAbi, relativeArtifactPath);
     writeFileSync(`${outputPath}/${aztecAbi.name}.ts`, tsWrapper);
   }
+  updateCache(contractName, currentHash);
+}
+
+function generateFileHash(filePath: string) {
+  const fileBuffer = readFileSync(filePath);
+  const hashSum = crypto.createHash('sha256');
+  hashSum.update(fileBuffer);
+  const hex = hashSum.digest('hex');
+  return hex;
+}
+
+function readCache(): void {
+  if (existsSync(cacheFilePath)) {
+    const cacheRaw = readFileSync(cacheFilePath, 'utf8');
+    cache = JSON.parse(cacheRaw);
+  }
+}
+
+function writeCache(): void {
+  writeFileSync(cacheFilePath, JSON.stringify(cache, null, 2), 'utf8');
+}
+
+function isCacheValid(contractName: string, currentHash: string): boolean {
+  return cache[contractName] === currentHash;
+}
+
+function updateCache(contractName: string, hash: string): void {
+  cache[contractName] = hash;
 }
diff --git a/yarn-project/noir-contracts.js/.gitignore b/yarn-project/noir-contracts.js/.gitignore
index 1f61ab7482c..afe0a2a36cb 100644
--- a/yarn-project/noir-contracts.js/.gitignore
+++ b/yarn-project/noir-contracts.js/.gitignore
@@ -1,3 +1,4 @@
 target/
 /src
 artifacts/
+codegenCache.json
diff --git a/yarn-project/noir-contracts.js/package.json b/yarn-project/noir-contracts.js/package.json
index 10195fd680b..8efbdbd1bc4 100644
--- a/yarn-project/noir-contracts.js/package.json
+++ b/yarn-project/noir-contracts.js/package.json
@@ -8,9 +8,9 @@
     "./*": "./dest/src/*.js"
   },
   "scripts": {
-    "build": "yarn clean && yarn build:contracts",
+    "build": "yarn clean && yarn build:contracts && yarn formatting:fix",
     "build:dev": "tsc -b --watch",
-    "clean": "rm -rf .tsbuildinfo ./artifacts",
+    "clean": "rm -rf .tsbuildinfo ./artifacts ./codegenCache.json",
     "formatting": "run -T prettier --check ./src && run -T eslint ./src",
     "formatting:fix": "run -T eslint --fix ./src && run -T prettier -w ./src",
     "test": "NODE_NO_WARNINGS=1 node --experimental-vm-modules $(yarn bin jest) --passWithNoTests",
@@ -49,4 +49,4 @@
   "engines": {
     "node": ">=18"
   }
-}
+}
\ No newline at end of file
diff --git a/yarn-project/noir-contracts.js/package.local.json b/yarn-project/noir-contracts.js/package.local.json
index 0e363c59c36..ef0cd644072 100644
--- a/yarn-project/noir-contracts.js/package.local.json
+++ b/yarn-project/noir-contracts.js/package.local.json
@@ -1,7 +1,7 @@
 {
   "scripts": {
-    "build": "yarn clean && yarn build:contracts",
+    "build": "yarn clean && yarn build:contracts && yarn formatting:fix",
     "build:contracts": "./scripts/generate-types.sh",
-    "clean": "rm -rf .tsbuildinfo ./artifacts"
+    "clean": "rm -rf .tsbuildinfo ./artifacts ./codegenCache.json"
   }
 }
\ No newline at end of file
diff --git a/yarn-project/noir-contracts.js/scripts/generate-types.sh b/yarn-project/noir-contracts.js/scripts/generate-types.sh
index 8532ef04ca3..87a13d3459d 100755
--- a/yarn-project/noir-contracts.js/scripts/generate-types.sh
+++ b/yarn-project/noir-contracts.js/scripts/generate-types.sh
@@ -4,17 +4,17 @@ set -euo pipefail
 OUT_DIR="./src"
 INDEX="$OUT_DIR/index.ts"
 
-rm -rf $OUT_DIR && mkdir -p $OUT_DIR
+mkdir -p $OUT_DIR
 
-#
+# Check for .json files existence
 if ! ls ../../noir-projects/noir-contracts/target/*.json >/dev/null 2>&1; then
   echo "Error: No .json files found in noir-contracts/target folder."
   echo "Make sure noir-contracts is built before running this script."
   exit 1
 fi
 
-# Generate index.ts header.
-echo "// Auto generated module - do not edit!" >$INDEX
+# Generate index.ts header
+echo "// Auto generated module - do not edit!" >"$INDEX"
 
 # Ensure the artifacts directory exists
 mkdir -p artifacts
@@ -25,16 +25,13 @@ for ABI in $(find ../../noir-projects/noir-contracts/target -maxdepth 1 -type f
 
   # Copy the JSON file to the artifacts folder
   cp "$ABI" "artifacts/$filename"
+done
 
-  # Generate the contract name for referencing in the codegen command and index
-  CONTRACT=$(jq -r .name "artifacts/$filename")
-
-  echo "Creating types for $CONTRACT using artifacts/$filename..."
-  node --no-warnings ../noir-compiler/dest/cli.js codegen -o $OUT_DIR --ts "artifacts/$filename"
+# Generate types for the contracts
+node --no-warnings ../noir-compiler/dest/cli.js codegen -o $OUT_DIR --ts artifacts
 
-  # Add contract import/export to index.ts.
-  echo "export * from './${CONTRACT}.js';" >>$INDEX
+# Append exports for each generated TypeScript file to index.ts
+find "$OUT_DIR" -maxdepth 1 -type f -name '*.ts' ! -name 'index.ts' | while read -r TS_FILE; do
+  CONTRACT_NAME=$(basename "$TS_FILE" .ts) # Remove the .ts extension to get the contract name
+  echo "export * from './${CONTRACT_NAME}.js';" >>"$INDEX"
 done
-
-echo "Formatting..."
-yarn formatting:fix