Konami has enlisted Virtuos to lead development of a Metal Gear Solid 3: Snake Eater remake, sources tell Video Game Chronicle.
Virtuos, a Singapore-based game developer mostly known for excellent ports of games like The Outer Worlds and Final Fantasy X/X-2 HD, is currently making a MGS3 remake. Contrary to popular belief, Sony's newly-acquired Bluepoint apparently isn't working on Metal Gear.
The project is in early phases of development and underlines Konami's reinvigorated focus on premium AAA releases, which is something the company outlined in 2019:
"Even with new platforms coming out, we believe high-end console games are the most important. We challenge for innovative ideas and technology within our console games and apply them to other devices, so we will continue to put effort into our console games. We also plan to increase our portfolio. In addition to the multi-device titles for PES and Yu-Gi-Oh, we plan to work on projects with other globally known IPs in the near future," Konami Europe president Masami Saso said at the time.
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However, rather than pay out the huge multi-million costs of developing sequels in-house, Konami is choosing instead to license out its properties to third-party developers like Virtuos. This way Konami can reduce spending costs while recouping owed royalties from sales.
Virtuos is actually the second port-master to be handed development of a remake. Aspyr, the dev team responsible for a number of cross-platform ports of older Star Wars games, is currently developing a Knights of the Old Republic remake for modern hardware.
Neither Konami nor Virtuos have confirmed the MGS3 remake is in development.