MUMBAI: James Cameron will write and direct the second and third parts of his highly successful film Avatar that would release in 2014 and 2015 respectively.

20th Century Fox has reached an agreement with Cameron to make the sequels of the film, the biggest box office hit that amassed $2.8 billion in sales since it opened in December last year.

The sequels will go on the floors at the end of 2011 and both the filmmaker and the Studio have planned to release the second instalment in December 2014 and the third a year later.

Cameron, incidentally, had redefined the art of special effects with Avatar which took more than a decade to produce because of the advances in technology required to realise his vision.