Korean director Kwak Kyung-taek is set to direct a 3D live-action film, tentatively titled The Battle Of Yellow Sea, about the explosive naval engagement between North and South Korea on the second-to-last day of the 2002 World Cup.

IM Pictures, which has credits such as My Sassy Girl, Tazza: The High Rollers and The Big Swindle, is the main investor and producer. The company’s CEO Choi Wan will executive produce. IB Pictures and Ocean Drive Entertainment are co-producing.

Kwak previously directed Korean blockbusters Typhoon and Friend.

IM Pictures stated: “The global film industry is moving towards 3D films. Domestic multiplexes have also been introducing 3D projection quickly, and we will go from the more than 60 screens now to more than 100 screens by next year. So the industry has great expectations for a full 3D live-action film. Supported by this global trend, The Battle Of Yellow Sea (working title) will be Korea’s first full 3D live-action film.”

The film has a budget of approximately $16.65m (KW20bn).

Friend cinematographer Hwang Ki-seok is attached to the project, as are other staff and crew from Typhoon and blockbuster Taegukgi, directed by Kang Je-gyu.

The film is currently in casting, with plans to go into production March 2010.

The 3D work is to be done by local and overseas companies, to be announced.