CPEC (China-Pakistan Economic Corridor) is expected to be a significant opportunity to bring peace, development and prosperity to China, Pakistan and the wider region. The CPEC program takes into account a wide range of perspectives, including but not limited to promoting domestic employment prospects and strengthening regional connectivity. The project's ability to handle many political, economic, and geopolitical difficulties and threats facing Pakistan is one of the project's many multifaceted components that are examined in the article, which principally relies on extensive literature research. The goal of the present study was to examine whether the CPEC project could be a practical means of fostering regional peace and development.This paper attempts to examine the importance of the CPEC initiative in developing domestic employment opportunities and enhancing regional connectivity, although considerable work has already been done on the CPEC project. The qualitative method is adopted to deal with the objectives. The article concludes that the CPEC initiative is poised to usher in a new era of economic development and prosperity for the people of Pakistan, thereby serving as a major turning point for the region. In addition, the study identifies several limitations that may warrant further investigation in future research on the topic.