The 1991 thriller also starred Keanu Reeves, but it's doubtful The Matrix star will appear in the follow up.
The new movie--which will follow an ex-professional surfer sent to track down a criminal gang--will be set in south east Asia, and will be directed by the writer of the original film, Peter Iliff.
He tells Moviehole.com, "I would like to return to Point Break because it represents my career coming full circle. The original was the first movie I ever wrote, the sequel would be my first ever directorial effort."
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