According to UK defence magazine, IHS, China has acquired 809 hectares (1999 acres) land from Pakistan on lease for 43 years for construction of first Free Economic Processing Zone (EPZ) in Gawadar port.
Referring to a statement given by the top economic managers of Pakistan to local media, the journal said more 500 acres of land will be leased out to China for construction of first free EPZ. This way, 2500 acres of land will be given to Chinese companies on lease. China attained the rights for carrying out work on Gwadar port for 40 years in April this year. This port will provide China access to Gulf States.