Awesome news for the franchise fans.
According to the Japanese magazine Famitzu, the remake of Final Fantasy 7, Part 2 is already in development. Aitakimochi translated parts of the interview about the remake and shared them on Twitter.
The initial Final Fantasy 7 was released in 1997. The game is set in the cyberpunk dystopian world, where players fight against a giant company to stop it from using the planet’s power for its purposes. The first part of the remake for PS4 was released in April 2020.
You can purchase the first part of the remake at the PlayStation store.