Aguero’s dramatic stoppage-time winner against QPR in 2012 secured City their first Premier League title.
The Argentinian, City’s record goalscorer, famously struck in the fourth minute of added time of the final game of the 2011-12 season at the Etihad Stadium to snatch the Premier League crown from Manchester United.
The unveiling of the statute alongside the sculptures of team-mates Vincent Kompany and David Silva already at the stadium will be the centre-piece of a day of celebrations marking a decade since that 3-2 win on May 13.
The club will also hold a balloted event for 2,000 fans at which various members of the title-winning squad, including Aguero, will be in attendance with interviews held on stage.
A statement read: “Manchester City is delighted to announce it will be holding a series of events and activities in Manchester and across the globe to celebrate the 10th anniversary of ‘93:20’, its historic match against Queens Park Rangers, which saw the team score twice in injury time in what was arguably one of the greatest comebacks in sporting history, to be crowned champions for the first time in 44 years.”
It added: “Sergio Aguero’s legacy will be honoured through the unveiling of a statue designed and created by renowned sculptor, Andy Scott.”
Aguero left City last summer after scoring a club record 260 goals and winning five Premier League titles over 10 years.
He joined Barcelona but retired on health grounds in December.