MUMBAI: Singapore‘s Boku Films, Korea‘s Chungeorahm Films and the Media Development Authority (MDA) have entered into a production agreement that will see the production of Host 2, a sequel of the 2006 hit The Host.

Host 2 is the first Singapore-Korea co-production which comes after the sealing of a memorandum of understanding (MoU) in 2007 between MDA and KOCCA that emphasised the support of co-productions on Asian projects.

The film scheduled for a 2011 release will be a joint venture of Korean producer Choi Yong-Bae of Chungeorahm Films and award-winning Singapore filmmaker Kelvin Tong of Boku Films.

Other investors of Host 2 are SK Telecom and the Korea Creative Contents Agency (KOCCA).

The Host attracted an audience of 13 million in Korea and till date remains the highest-grossing Korean film of all time.

The monster movie about a mutant creature going on a rampage in Seoul was sold to 134 countries and grossed $90 million worldwide.