The script for The Last of Us: Part III is already finished and its development would begin soon

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In addition, Naughty Dog would be developing a multiplayer for The Last of Us

The Last of Us is a saga that has gained popularity and affection from millions of fans who, after two installments, await the announced television series, in addition to a third part which would already have its script finished.

According to some reports this week, development on The Last of Us: Part III may soon begin after its script outline is ready to go.

The news has been delivered by industry insider Oops Leaks, who recently revealed some information about Sony’s own studio Naughty Dog, including details about its upcoming projects.

The Last of Us Part III

Nothing but official statements from the studio, the outline of the script is ready, but the studio is engrossed in the development of the aforementioned projects. It is possible that development will begin faster than expected due to studio's expansion.
— Oops Leaks (@oopsleaks) March 31, 2022

Additionally, he reported that Naughty Dog is currently developing a multiplayer The Last of Us title, which is rumored to be a cross between Escape From Tarkov and The Division.