The China-Pakistan Economic Corridor (CPEC) has been an economic game changer for both China and Pakistan. We investigate stakeholder satisfaction with CPEC projects in Pakistan, particularly with respect to the affected local communities. Given the project application and adaptability, two provinces-Khyber Pakhtunkhwa and Punjab-and eight districts were selected randomly. Primary data from approximately 250 respondents as well as secondary data were collected. Among other models, a logit model was adopted to determine the role of certain factors in the perceived level of satisfaction. Results reveal that with respect to the relationship between land acquisition and dissatisfaction with a CPEC project, the level of dissatisfaction is 2.45 times higher when land is acquired by force or when compensation for the land is perceived to be inadequate by the local people. Individuals favor economic zones and development projects over road projects; the likelihood of being dissatisfied is approximately nine times greater in regions without economic zones than that in regions with such zones. Similarly, when no development project is allocated to a community, the probability of dissatisfaction of the local people is about 7.6 times greater. In addition, expectations of poor financial outcomes for CPEC projects cause significant dissatisfaction and are a source of tension among the local people. To reduce dissatisfaction, organizations and business communities must actively support the success of CPEC projects. A more equitable allocation of economic zones and development projects may help ease tensions and increase satisfaction among the local people.

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The Chinese Government commenced the One Belt One Road (OBOR) project in 2013 for the multidimensional development to restore the historical Silk Road paradigms. The Economic Corridor provides networks and connections based on two geographical territories. The China Pakistan Economic Corridor (CPEC) is one of them, a chunk of the Silk Road Economic Belt’s economic corridors. CPEC would be an economic game-changer for Pakistan. It will generate businesses, minimize poverty, generate employment opportunities, and improve local communities’ health and education. However, it is more lucrative for the Chinese economy because CPEC is a safe, cheapest, and shortest route for importing energy rather than other routes. The present study investigates the social, infrastructural, and tourism effects of CPEC through the mediation role of rural development and knowledge sharing, including income, employment, business, land-use change variables, and CPEC adoptability for a local community in Pakistan. This study is based on four different regions of Gilgit Baltistan, Khyber Pakhtunkhwa, Punjab, and Sindh in Pakistan. The study incorporates the collected data from the respondents living on the CPEC routes via face-to-face interviews from citizens (cities, villages, and towns). Besides, the study applied univariate and Structural Equation Model techniques to draw the results. The study results reveal that CPEC plays a significant role in Pakistan’s socio-economic and rural development. This mega project’s expectations might bring positive changes in infrastructure development, energy sector, and social development projects in Pakistan. The Results also indicated that CPEC would link rural areas to urban areas, which would offer development opportunities for rural regions to achieve sustainable development.

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