The Zhongmou County government in Henan recently announced that it had conducted a signing ceremony for the USD 520 mln Ziguang Technology Park project, which will create Henan's largest IT industry base. The park will cover 605 mu (40.33 hectares) and be built over period of 60 months. HP, IBM, and other partners will jointly establish IT operations and repair service centers, software testing centers, government emergency response centers, and high-performance computing centers at the park. Within one year of opening, the park is planned to roll out IT services targeting the US and Europe. Revenues are expected to reach RMB 1 bln within 3 years, and RMB 2 bln after 5 years.