The study examines the perception of people who are intended to start a new venture due to “Special Economic Zone” (SEZ) under “China Pakistan Economic Corridor” (CPEC). The study focuses on “Rashakai Economic Zone” (REZ) which encounter both areas of Mardan and Nowshera. Primary data was collected through questionnaire from two different Clusters, where Mardan is Cluster one and Nowshera Cluster two. This study has included 400 respondents. The study has used a Binary Probit Regression model and descriptive statistics to present policy-oriented result from the primary collected data. The research found that people are indented to start new ventures as entrepreneurs if incentives and loan facilities are provided. The study also found that intentions of starting new ventures are positively associated with regional market competitiveness in district Mardan and Nowshera thus study concluded that financial capital availability and business incentives are scientifically important to encourage entrepreneurs around SEZ under CPEC. This study aims at assessing the opportunities, intentions of starting entrepreneurial venture coming from REZ, and also provides some strategic policy directions as a way forward. Supervisor:- Dr. Usman Mustafa