There were indications at the end of last year that CD Projekt RED was planning to release Cyberpunk 2077 by the end of this year, but a new strategy roadmap from the developer says their cyberpunk RPG will come next year at the soonest, listing it under "later years (2017-2021). That part of the roadmap also says to expect another AAA RPG in that same period, while as for 2016, they promise a second expansion for The Witcher 3 along with "a new type of video game format previously unexplored by the Studio." Here's word:

Plans
In order to preserve our competitive advantage, this public version of the Group’s plans only lists selected components of our strategic agenda. For the same reasons, the descriptions of certain projects are necessarily terse. Plans have been divided into two periods: the current year (2016) and the following five-year period (2017-2021). Within each period individual .items are not arranged in chronological order.

CD PROJEKT RED Studio
2016

• Release of the second expansion pack for The Witcher 3: Wild Hunt – Blood and Wine.
• Implementation of new promotional and marketing activities supporting continued sales of The Witcher 3: Wild Hunt.
• A new type of video game format previously unexplored by the Studio.

(Later years (2017-2021)

• Release of Cyberpunk 2077.
• Release of another AAA RPG title.
• Expansion of our core franchises with additional media content and product lines.
• Further active marketing and support for our earlier releases.
• Near-twofold expansion of the CD PROJEKT RED team. Creation of four individual teams, two of which will be tasked •
  .with development of games representing new segments.
• Establishment of new local branches of CD PROJEKT RED in key territories.