diff --git a/CMakeLists.txt b/CMakeLists.txt
index b935118..933e6b4 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -13,6 +13,8 @@
 set(MPACT_BINARY_DIR "${CMAKE_CURRENT_BINARY_DIR}")
 message(STATUS "Building the MPACT compiler at ${MPACT_SOURCE_DIR} (into ${MPACT_BINARY_DIR})")
 
+set(MPACT_PYTHON_PACKAGES_DIR "${MPACT_BINARY_DIR}/python_packages")
+
 add_subdirectory(benchmark)
 add_subdirectory(python)
 add_subdirectory(test)
diff --git a/README.md b/README.md
index b2d0214..5b3580e 100644
--- a/README.md
+++ b/README.md
@@ -38,7 +38,7 @@
 Also make sure to set the Python paths as follows.
 
 ```shell
-export PYTHONPATH=`pwd`/build/tools/torch-mlir/python_packages/torch_mlir:`pwd`/python
+export PYTHONPATH=`pwd`/build/tools/torch-mlir/python_packages/torch_mlir:`pwd`/build/tools/mpact/python_packages/mpact
 ```
 
 ### Install build requirements
diff --git a/python/CMakeLists.txt b/python/CMakeLists.txt
index 4d49440..71adfce 100644
--- a/python/CMakeLists.txt
+++ b/python/CMakeLists.txt
@@ -2,4 +2,31 @@
 # The MPACT Compiler Python Modules
 #-------------------------------------------------------------------------------
 
+# Disables generation of versioning (i.e. libFoo.so.<version>).
+set(CMAKE_PLATFORM_NO_VERSIONED_SONAME ON)
+
+# The directory at which the Python import tree begins.
+set(MPACT_PYTHON_ROOT_DIR "${CMAKE_CURRENT_SOURCE_DIR}/mpact")
+
 declare_mlir_python_sources(MPACTPythonSources)
+
+declare_mlir_python_sources(MPACTPythonSources.PublicAPI
+  ROOT_DIR "${MPACT_PYTHON_ROOT_DIR}"
+  ADD_TO_PARENT MPACTPythonSources
+  SOURCES
+    mpactbackend.py
+)
+
+#-------------------------------------------------------------------------------
+# Packages and shared library
+#-------------------------------------------------------------------------------
+
+set(_source_components
+  MPACTPythonSources
+)
+
+add_mlir_python_modules(MPACTPythonModules
+  ROOT_PREFIX "${MPACT_PYTHON_PACKAGES_DIR}/mpact/mpact"
+  INSTALL_PREFIX "python_packages/mpact/mpact"
+  DECLARED_SOURCES ${_source_components}
+)
diff --git a/python/mpactbackend.py b/python/mpact/mpactbackend.py
similarity index 100%
rename from python/mpactbackend.py
rename to python/mpact/mpactbackend.py
diff --git a/test/CMakeLists.txt b/test/CMakeLists.txt
index 378640d..019d820 100644
--- a/test/CMakeLists.txt
+++ b/test/CMakeLists.txt
@@ -11,7 +11,7 @@
 
 set(MPACT_TEST_DEPENDS
         FileCheck count not
-	MPACTPythonSources
+	MPACTPythonModules
         TorchMLIRPythonModules
         torch-mlir-opt
         )
diff --git a/test/lit.cfg.py b/test/lit.cfg.py
index 3a9297d..1776cdf 100644
--- a/test/lit.cfg.py
+++ b/test/lit.cfg.py
@@ -73,7 +73,7 @@
 llvm_config.with_environment(
     "PYTHONPATH",
     [
-        os.path.join(config.mpact_src_root, "python"),
+        os.path.join(config.mpact_obj_root, "python_packages/mpact"),
         os.path.join(config.torch_mlir_obj_root, "python_packages/torch_mlir"),
     ],
     append_path=True,
diff --git a/test/python/sparse_gcn.py b/test/python/sparse_gcn.py
index f2d7b2f..d1d00a0 100644
--- a/test/python/sparse_gcn.py
+++ b/test/python/sparse_gcn.py
@@ -2,7 +2,7 @@
 
 import torch
 
-from mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
+from mpact.mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
 
 
 class GraphConv(torch.nn.Module):
diff --git a/test/python/sparse_lif.py b/test/python/sparse_lif.py
index 5f57f32..d717af3 100644
--- a/test/python/sparse_lif.py
+++ b/test/python/sparse_lif.py
@@ -2,7 +2,7 @@
 
 import torch
 
-from mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
+from mpact.mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
 
 
 def spike(input):
diff --git a/test/python/spmv.py b/test/python/spmv.py
index cb0e491..29467e1 100644
--- a/test/python/spmv.py
+++ b/test/python/spmv.py
@@ -2,7 +2,7 @@
 
 import torch
 
-from mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
+from mpact.mpactbackend import mpact_jit, mpact_jit_compile, mpact_jit_run
 
 class SpMVNet(torch.nn.Module):
     def forward(self, x, v):