The Captain Phillips director will take on the story, which has been adapted for film from a book proposal by author Greg Mitchell.
Tom Hanks and Paul Greengrass
The Tunnels is based on the true story of a great escape before the Berlin Wall fell in 1989.
The story follows a group of West Germans trying to get their loved ones out of East Berlin, with the help of American news networks, which funded the expedition.
Mitchell announced the news via his website.
He wrote: "As my proposal for my next book The Tunnels was purchased by great upstart company FilmNation for [a] major film directed by my one of my film heroes Paul Greengrass."
"Quite flattered by interest over [the] past 10 days from several leading studios and A-list directors but very happy to be with Greengrass – I was one of [the] early fans of his Bloody Sunday back in 2002."
He added: "Amazing story and now opportunity on the page and on the screen."
Greengrass has been linked to the new Bourne 5 film after departing the franchise after 2007's The Bourne Ultimatum.
New star Jeremy Renner has recently said he'd like Paul Greengrass and Matt Damon to return to the Bourne films.
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via All - Digital Spy - Entertainment and Media News
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