Filming on the $25m Boll and Brightlight Pictures co-production is scheduled to begin on Jun 13 in Vancouver. Boll, Brightlight's Shawn Williamson and Dan Clarke are producing.
Schweiger will play Jack Carver, a former Special Forces operative who travels to a mysterious island to rescue a journalist from a sinister scientist.
'I'm happy to be shooting a movie with Germany's biggest star, Til Schweiger,' Boll said. 'Til has three movies in Germany's top 50 box office all-time hit list and is the only German actor who automatically opens a movie with a wide release.'
Boll and Brightlight Pictures previously collaborated on the upcoming Postal, as well as House Of The Dead, Alone In The Dark, BloodRayne II: Deliverance, and In The Name Of The King: A Dungeon Siege Tale.
'[Til] is a wonderful actor with a great ability to balance the action and dry wit needed in this film,' Williamson added.
Far Cry was developed by Germany's Crytek Studios and published by Ubisoft.