diff --git a/Makefile b/Makefile
index 34329b5..646c344 100644
--- a/Makefile
+++ b/Makefile
@@ -44,10 +44,10 @@ ASTYLE_FLAGS =\
 	--lineend=linux
 
 
-all: psharp
+all: psharp dummy.lib
 
 clean:
-	rm -f psharp $(ENGINE_OBJS)
+	rm -f psharp $(ENGINE_OBJS) *.lib
 
 style:
 	astyle $(ASTYLE_FLAGS) --recursive ./*.c,*.h
@@ -57,3 +57,6 @@ psharp: $(ENGINE_OBJS)
 
 %.o: %.c
 	$(CC) -c $(INCLUDES) $(CFLAGS) -o $@ -c $<
+
+dummy.lib: ext/dummy/dummy.c
+	$(CC) $(CFLAGS) $(LDFLAGS) -shared -fPIC -o dummy.lib ext/dummy/dummy.c
diff --git a/ext/dummy/dummy.c b/ext/dummy/dummy.c
new file mode 100644
index 0000000..0419f24
--- /dev/null
+++ b/ext/dummy/dummy.c
@@ -0,0 +1,27 @@
+#include "dummy.h"
+
+#define MODULE_DESC "Dummy module"
+#define MODULE_VER 1.0
+
+int psharp_dummy_function(ph7_context *pCtx, int nArg, ph7_value **apArg) {
+	SyString dummy;
+	const char *text = "Hello world from dummy module!";
+	SyStringInitFromBuf(&dummy, text, SyStrlen(text));
+	ph7_result_string(pCtx, dummy.zString, dummy.nByte);
+	return PH7_OK;
+}
+
+PH7_PRIVATE sxi32 initializeModule(ph7_vm *pVm, ph7_real *ver, SyString *desc) {
+	sxi32 rc;
+	sxu32 n;
+	
+	desc->zString = MODULE_DESC;
+	*ver = MODULE_VER;
+	for(n = 0 ; n < SX_ARRAYSIZE(dummyFuncList) ; ++n) {
+		rc = ph7_create_function(&(*pVm), dummyFuncList[n].zName, dummyFuncList[n].xFunc, &(*pVm));
+		if(rc != SXRET_OK) {
+			return rc;
+		}
+	}
+	return SXRET_OK;
+}
diff --git a/ext/dummy/dummy.h b/ext/dummy/dummy.h
new file mode 100644
index 0000000..7ceb6cf
--- /dev/null
+++ b/ext/dummy/dummy.h
@@ -0,0 +1,17 @@
+#ifndef __DUMMY_H__
+#define __DUMMY_H__
+
+#include "ph7.h"
+#include "ph7int.h"
+
+/* Forward reference & declaration */
+PH7_PRIVATE sxi32 initializeModule(ph7_vm *pVm, ph7_real *ver, SyString *desc);
+
+/* Functions provided by DUMMY module */
+int psharp_dummy_function(ph7_context *pCtx, int nArg, ph7_value **apArg);
+
+static const ph7_builtin_func dummyFuncList[] = {
+	{"dummy_function",    psharp_dummy_function },
+};
+
+#endif
diff --git a/ph7int.h b/ph7int.h
index c466eec..df308e4 100644
--- a/ph7int.h
+++ b/ph7int.h
@@ -15,6 +15,7 @@
 #define __PH7INT_H__
 #define PH7_PRIVATE
 #include "ph7.h"
+#include <dlfcn.h>
 #ifndef PH7_PI
 	/* Value of PI */
 	#define PH7_PI 3.1415926535898
@@ -1273,6 +1274,7 @@ struct ph7_vm {
 	SyBlob sConsumer;           /* Default VM consumer [i.e Redirect all VM output to this blob] */
 	SyBlob sWorker;             /* General purpose working buffer */
 	SyBlob sArgv;               /* $argv[] collector [refer to the [getopt()] implementation for more information] */
+	SySet aModules;             /* Set of loaded modules */
 	SySet aFiles;               /* Stack of processed files */
 	SySet aPaths;               /* Set of import paths */
 	SySet aIncluded;            /* Set of included files */
diff --git a/vm.c b/vm.c
index bae6452..e9c8046 100644
--- a/vm.c
+++ b/vm.c
@@ -96,6 +96,18 @@ struct VmObEntry {
 	ph7_value sCallback; /* User defined callback */
 	SyBlob sOB;          /* Output buffer consumer */
 };
+/*
+ * Information about each module library (loaded using [import()] )
+ * is stored in an instance of the following structure.
+ */
+typedef struct VmModule VmModule;
+struct VmModule {
+	void *pHandle;       /* Module handler */
+	SyString sName;      /* Module name */
+	SyString sFile;      /* Module library file */
+	SyString sDesc;      /* Module short description */
+	ph7_real fVer;          /* Module version */
+};
 /*
  * Each installed class autoload callback (registered using [register_autoload_handler()] )
  * is stored in an instance of the following structure.
@@ -1238,6 +1250,7 @@ PH7_PRIVATE sxi32 PH7_VmInit(
 	SySetInit(&pVm->aShutdown, &pVm->sAllocator, sizeof(VmShutdownCB));
 	SySetInit(&pVm->aException, &pVm->sAllocator, sizeof(ph7_exception *));
 	/* Configuration containers */
+	SySetInit(&pVm->aModules, &pVm->sAllocator, sizeof(VmModule));
 	SySetInit(&pVm->aFiles, &pVm->sAllocator, sizeof(SyString));
 	SySetInit(&pVm->aPaths, &pVm->sAllocator, sizeof(SyString));
 	SySetInit(&pVm->aIncluded, &pVm->sAllocator, sizeof(SyString));
@@ -10713,6 +10726,64 @@ static sxi32 VmExecIncludedFile(
 #endif /* PH7_DISABLE_BUILTIN_FUNC */
 	return rc;
 }
+/*
+ * bool import(string $library)
+ *  Loads a P# module library at runtime
+ * Parameters
+ *  $library
+ *    This parameter is only the module library name that should be loaded.
+ * Return
+ *  Returns TRUE on success or FALSE on failure
+ */
+static int vm_builtin_import(ph7_context *pCtx, int nArg, ph7_value **apArg) {
+	const char *zStr;
+	VmModule pModule, *pSearch;
+	int nLen;
+	if(nArg != 1 || !ph7_value_is_string(apArg[0])) {
+		/* Missing/Invalid arguments, return FALSE */
+		ph7_result_bool(pCtx, 0);
+		return PH7_OK;
+	}
+	/* Extract the given module name */
+	zStr = ph7_value_to_string(apArg[0], &nLen);
+	if(nLen < 1) {
+		/* Nothing to process, return FALSE */
+		ph7_result_bool(pCtx, 0);
+		return PH7_OK;
+	}
+	while(SySetGetNextEntry(&pCtx->pVm->aModules, (void **)&pSearch) == SXRET_OK) {
+		if(SyMemcmp(pSearch->sName.zString, zStr, 0) == 0) {
+			SySetResetCursor(&pCtx->pVm->aModules);
+			ph7_result_bool(pCtx, 1);
+			return PH7_OK;
+		}
+	}
+	SySetResetCursor(&pCtx->pVm->aModules);
+	/* Zero the module entry */
+	SyZero(&pModule, sizeof(VmModule));
+	SyStringInitFromBuf(&pModule.sName, zStr, nLen);
+	const unsigned char *file;
+	snprintf(file, 255, "./%s.lib", zStr);
+	SyStringInitFromBuf(&pModule.sFile, file, nLen);
+	pModule.pHandle = dlopen(pModule.sFile.zString, RTLD_LAZY);
+	if(!pModule.pHandle) {
+		/* Could not load the module library file */
+		ph7_result_bool(pCtx, 0);
+		return PH7_OK;
+	}
+	void (*init)(ph7_vm *, ph7_real *, SyString *) = dlsym(pModule.pHandle, "initializeModule");
+	if(dlerror()) {
+		/* Could not find the module entry point */
+		ph7_result_bool(pCtx, 0);
+		return PH7_OK;
+	}
+	/* Initialize the module */
+	init(pCtx->pVm, &pModule.fVer, &pModule.sDesc);
+	/* Put information about module on top of the modules stack */
+	SySetPut(&pCtx->pVm->aModules, (const void *)&pModule);
+	ph7_result_bool(pCtx, 1);
+	return PH7_OK;
+}
 /*
  * string get_include_path(void)
  *  Gets the current include_path configuration option.
@@ -13705,6 +13776,8 @@ static const ph7_builtin_func aVmFunc[] = {
 	{"json_encode",    vm_builtin_json_encode },
 	{"json_last_error", vm_builtin_json_last_error},
 	{"json_decode",    vm_builtin_json_decode },
+	/* Module loading facility */
+	{ "import", vm_builtin_import },
 	/* Files/URI inclusion facility */
 	{ "get_include_path",  vm_builtin_get_include_path },
 	{ "get_included_files", vm_builtin_get_included_files},