China-Pakistan Economic Corridor(CPEC) And Interrelated Economic Developmental Factors:A Mixed Method Mediation Analysis

While the Belt and Road Initiative(BRI)has brought substantial benefits to participating countries,it has also increased the risk of confrontation between international projects and local people.Despite this,there is still a gap in knowledge about how CPEC development could bring changes in the education,employment opportunities,healthcare facilities concerning the business improvement in the special economic zone to local residents.In the China-Pakistan Economic Corridor(CPEC)context,this research utilises a quantitative method with(SEM)to explain the predictive effect of CPEC development on education,employment,healthcare facilities,and special economic zone.Mixed method research approach was used with qualitative and quantitative data analysis.The CPEC project long-term motivation is to spark education,employment,and healthcare facilities initiatives.The comprehensive CPEC development activities are managed to improve special economic zones and exclusively focus on the local community’s long-term sustainability.Therefore,education,health care,and employment opportunities will improve significantly once the CPEC project is completed.Theoretically,this research adds to the body of CPEC development knowledge,and it also interrelates factors such as employment concerns,educational concerns,healthcare facilities,and special economic zones under the CPEC project.It is recommended that the work on the CPEC project should speed up with the collaboration of the Pakistan government.Special Economic Zones(SEZs)are rapidly expanding in developing(Pakistan)countries due to CPEC project development.SEZs help several nations economically and planned to improve business,trade,technology,employment,and energy.The China Pakistan Economic Corridor(CPEC)routes had promoted commerce,attract FDI,and raise productivity in Pakistan.This research examines the CPEC development effects on CPEC-sponsored SEZs.It studies how employment rates,FDI,technology innovation information quality,supply chain integration,logistic,local business industry and trade balance changed after SEZ opened.The primary quantitative data was collected through purposive sampling technique from(N=463)respondents.Then,using the Structural Equation Modelling(SEM)through Analysis of Multivariate Structural Model(AMOS)and statistically predict the influence of CPEC development on job opportunity,FDI,technology innovation information quality,supply chain management,logistic,local business industry and trade balance with estimated,assuming SEZs by 2030.Finally,the active model with modification suggested the estimation that CPEC development can improve indirectly foreign direct investment,technology innovation and local business industry,trade balance.The CPEC development will bring benefits and prosperity for SEZ and neighboring communities.