A reboot of the epic action movie Mortal Kombat will be brought to life in South Australia later this year, with filmmakers describing it as the largest film to have ever been produced in the state.

Key points: Mortal Kombat is a video game franchise that was developed in the 1990s

Mortal Kombat is a video game franchise that was developed in the 1990s The new film is expected to inject $70 million into the SA economy

The new film is expected to inject $70 million into the SA economy Filming will take place at locations around the state between September and December

Premier Steven Marshall made the announcement today and said it was expected to inject $70 million into the South Australian economy.

He said it would also create 580 jobs, as well as 1,500 roles as extras on the film.

The Warner Brothers action film is based on the blockbuster video game franchise from the 1990s.

"We think this is a great investment because we know that this blockbuster is going to create massive job opportunities for our sector," he said.

The movie will be based on the blockbuster video game. ( mortalkombat.net )

"I think this will take the industry to the next level and enable us to bring more and more of these blockbusters here to our state."

Mr Marshall said he hoped having such a big film produced in the state would open the door for more opportunities in the sector in the future.

"The reality is South Australia has fantastic facilities, fantastic personnel, fantastic locations," he said.

"Mortal Kombat is going to be absolutely crucial. Bringing a blockbuster here, I think, will demonstrate the great capability that we have in South Australia.

"We're going to be going for more and more screenwork for our state."

The film will be led by producer James Wan, who has worked on Aquaman and The Conjuring, as well as award-winning filmmaker Simon McQuoid.

Todd Garner has also been named as a producer, while Larry Kasanoff, E. Bennett Walsh, Michael Clear and Sean Robins to be executive producers, with screenplay by Greg Russo.

'Biggest production that's ever been in Adelaide'

Executive producer E.Bennett Walsh said South Australia was the perfect location for the film and the team were excited at the opportunities it would create for the state.

Premier Steven Marshall with Simon McQuoid (left) and E.Bennett Walsh (right). ( ABC News: Claire Campbell )

"It's the biggest production that's ever been in Adelaide, that's for sure, and because it's an action-adventure film, the requirements are so much more and it goes into manufacturing and it goes into just the amount of people we have to hire," he said.

Director Simon McQuoid said the movie would go back to the "core essence" of the characters of the popular video game.

"On the surface, the game works a certain way, but we've kind of gone deeper than that," he said.

"We've gone back to the absolute sort of source material and we've taken that and we are turning that into an epic world."

Pre-production has already begun and filming will take place at locations around the state between September and December.