Midsommar director Aris Aster is set to bankroll the English remake of South Korean film, Save the Green Planet (2003).

Hailed as a classic, the project was backed by Seoul-based CJ Entertainment, which also backed the Academy Award-winning Parasite.

Save the Green Planet, a black comedy, directed by Jang Joon-hwan, is about a disillusioned young man who captures and tortures a businessman who he believes to be part of an alien invasion.

Jang Joon-hwan will return to direct the remake from an English-language adapted script by Will Tracy, reported Variety.

Aster will produce the project in collaboration with Lars Knudsen through their banner Square Peg. Francis Chung will also serve as a producer. Miky Lee, Young-ki Cho and Jerry Ko will be executive producers.