The lion’s death prompted worldwide outrage after being killed by American dentist Walter Palmer.
Zimbabwe is now seeking Walter Palmer’s extradition.
Cecil’s death made headlines around the world, and sent Walter Palmer into hiding.
The famous lion was killed outside Hwange park using a bow and arrow. Walter Palmer says he thought the hunt was legal but two Zimbabwean men have been arrested over the killing.
Cheryl Rodrigues of the Zimbabwe Conservation Task Force said people had already offered donations for the sculpture – the cost of which has not yet been confirmed.
She said: “Cecil was such an icon and it’s created such a fuss everywhere we thought it would be nice to do it.”
The Conservation Task Force has commissioned John Binder of Birds for Africa to make the statue and said it would be an “excellent reminder to all who visit the park”.
John Binder, a metal sculptor for 24 years, said he was “a little bit thunderstruck” to be asked and when his wife Debbie found out she nearly fell over.
“There’s a hell of a lot of pressure,” he said.
John Binder called Cecil’s death “crazy, stupid” and down to “sheer greed”, but added: “We are going to have to be detached from the emotion and get on with the job.”
His previous work includes statues of a pride of lions at a private game lodge in South Africa.
Oxford University had been studying Cecil for lion conservation and John Binder said he was hoping researchers could tell him how much the lion weighed and his dimensions to make the sculpture as realistic as possible.
Cheryl Rodrigues said it was not clear whether a permit would be needed from the park for the statue to be placed at the entrance.
Some have criticized the plan, telling the organization on their Facebook page that it would be more beneficial to use the money to counter corruption and improve conservation.
This is not the only legacy project afoot for the 13-year-old animal renowned for being friendly towards visitors.
Earlier this week the conservation group’s chairman Johnny Rodrigues suggested Cecil’s head be mounted in a glass case.
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