An ANZ Bank study suggests Pacific countries like Fiji, Samoa and Tonga, have the potential to attract information technology-related industries.
It says this could boost economies by up to 3.5 per cent over the next five years, creating thousands of jobs in the process.
The bank's monthly research survey shows outsourcing could emerge as a new driver of Pacific growth.
The bank says Fiji is already showing promise as major companies set up operations there.