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Malaysia Ventures funds locally-designed game

posted onJanuary 12, 2009
by hitbsecnews

Government venture firm Malaysia Ventures (MDV) has agreed to fund a locally-developed contemporary rally racing game to the tune of US$10 million (RM36 million). MDV managing director and chief executive officer Md Zubir Ansori Yahaya said the agreement with software firm Codemasters Studios is part of MDV’s efforts to nurture and develop local talent.

“This funding of US$10 million is for the tenure of 16 months and will be used to develop Colin McRae: DiRT 2, which features a variety of rally racing styles that expose players in aggressive multi-car and intense solo races in environments such as canyon racing, jungle trails and city stadium based events,” said Zubir. “DiRT 2 is a sequel to the very successful DiRT, which sold 1.3 million units worldwide.”

MDV is a financier and development facilitator for the information and communications technology (ICT) and high-growth sectors in Malaysia, and a wholly owned subsidiary of the Ministry of Finance.

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