Innovation of the Social Security, Legal Risks, Sustainable Management Practices and Employee Environmental Awareness in The China–Pakistan Economic Corridor

Abstract

This research is about the China–Pakistan Economic Corridor (CPEC), which is an important and first project of the “Belt and Road” initiative (BRI). BRI is the framework and manifesto for the wide-ranging, fundamental collaboration signed by China and Pakistan in 2013. The CPEC vision and mission were initiated to develop economic growth and facilitate free trade, the people’s living standards of Pakistan and China through bilateral investments, trade, cultural exchanges, and economic activities between both countries. The initial investment for the project was $46 billion, with a tentative duration of fifteen years. This research aimed to inquire into the effects of legal risks (LR), social security (SS), and employee environmental awareness (EEA) on the project performance (PP) of the CPEC. It further investigates the significance of gender empowerment perspectives (GEP). A research framework consisting of this quantitative analysis and the bilateral impacts of the study were explored through several policies scenarios into 2025. The results of the risk analysis were rated on a Likert scale. A questionnaire survey was used in order to collect data and test the research framework and hypotheses. An empirical test was conducted using a dataset with partial least square structural equation modeling (PLS-SEM) to validate the study.