The 45-year-old "The Martian" star will return as the lead character of Jason Bourne for the fourth time, reported Femalefirst.
"People would come up (to me) on the street and ask, 'Are you guys going to make another one?'
"I've been in the movie business long enough to realize what a gift that is. Having an audience that is actually there and really wants to see something is not to be taken lightly," Damon said.
Paul Greengrass is directing the project. The actor-director duo have previously worked together on "Green Zone".