Gangnam district council said Frida

Gangnam district council said Friday that the statue -- modelled after Psy's signature horse-riding dance move -- would be unveiled next month outside the COEX shopping and exhibition centre, where the first part of the video was shot.

The metal sculpture will consist of two giant fists overlapped at the wrist in the style of the dance from the 2012 video that was imitated across the world.

"Thanks to the music video, Gangnam became known throughout the world. We hope this will become a landmark for our district", said Gangnam tourism director Park Hee-Soo.