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Wenger's legendary career spanned four decades and he spent 22 years at the helm in North London.
French broadcaster Canal TV have commissioned the documentary which Wenger will narrate himself, and it will cover his entire managerial career.
His most historic feat came in 2004 when he took The Gunners to the Premier League title in an undefeated season.
"This documentary highlights a very special period in my life and career. I have total confidence in the team and the production companies," the Frenchman told Variety.
"Gabriel and Christian are probably the only directors who could persuade me to do this documentary! I will try to give the best of my memories and my life story!"
Head of Federation's documentary division Myriam Weil added: "'Arsene Wenger is a mythical figure whose story can inspire many people, even those who aren't soccer fans because it's about an expat who was treated as an outsider when he entered the world of English soccer and ultimately thrived through hard work and dedication, paving the way for others to have an international career."
The documentary is currently slated for release in 2022.
Since leaving his role as manager in 2018, Wenger has gone on to become FIFA's chief of global football development.
The 70-year-old now sits on the International FA Board, which decides on changes to football's laws.
Wenger has come up with some interesting ideas for changes as well and he told L'Equipe via Get French Football News: "For the moment, you are offside if a part of your body that you can score with sits ahead of the body of a defender.
"I would like it to be that there is no offside so long as a (single) body part which a player can score with is in line with the defender. This could be too much of an advantage for an attacker, because that obliges the defenders to play higher up.
"We are also considering other things: an in-swinging corner that goes out of play and comes back in could be made valid, this would create new goal scoring opportunities.
"There is also the option of quickly playing a free-kick to yourself.
"I would also like to change the throw-in rule: five minutes before the end, a throw-in for you should be an advantage, but in these situations you are facing 10 outfield players in play, whilst you only have 9.
"Stats show that in 8 out of 10 of those throw-in situations, you lose the ball. In your half of the pitch, you should have the possibility to take a kick instead."
Featured Image Credit: PA Images