The studio was earlier in talks with "Bright" helmer David Ayer to direct the project but he left it due to scheduling conflicts, reported Variety.
In January last year, Fuqua had left the director's chair over scheduling conflicts with "The Equalizer" sequel.
The most recent script for the film, which will be set in Los Angeles, has been penned by Joel and Ethan Coen, Jonathan Herman, and Ayer, who wrote Fuquas "Training Day".
The new "Scarface" will be produced by Dylan Clark for his Dylan Clark Productions and Scott Stuber.
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