The Malaysian government has created a fund worth $36m for start-ups developing open source software.

The OSS-Platform Investment Program (OSS-PIP) is aimed at forming 40 commercially active open source software companies over the next two years, according to news daily The Star.

Malaysian authorities hope that expertise in open source software can help the country become specialty player in the global IT market, which it views as a field dominated by large Western multinationals.

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