Sure - it just got financed - but that won't stop me from pining about it until it gets out (even though I'm still waiting for "Shanghai, I Love You"...).
From /Film:
Okja follows a Korean girl who befriends a kindhearted monster. (The title refers to the name of the monster.) The film splits its time between the U.S. and Korea. Gyllenhaal, Swinton, Nighy, Paul Dano, and Kelly Macdonald play supporting characters in scenes set in New York City. Casting is still underway for the lead role of the girl, who hails from the South Korean province of Gangwon-do.Oh yeah.
Said Bong in a statement:
It really is a fantastic opportunity for me as a filmmaker. For Okja, I needed a bigger budget than I had for Snowpiercer and also complete creative freedom. Netflix offered me the two conditions that are difficult to have in hand simultaneously.