The monument, which portrays a pig lying on its belly with its snout in a trough, will be installed near a local cafe.
"This monument symbolizes those people who make pigs of themselves by drinking far too much," said Oleg Ryabo, the local sculptor responsible.
Last year, the sculptor created a statue symbolizing corruption that portrayed an obese traffic policeman with "give me!" written on his cap. However, local administration officials refused to give permission for the monument to be erected after a complaint from traffic police.
Komsomolsk, which has a population of 50,000, already has a number of bizarre monuments and statues, including one of a plumber. Local street-corner vendors are particularly fond of a monument to an old woman selling sunflower seeds which was erected in honor of small businesses. It is commonly believed that anyone who visits the monument before dawn will make a healthy profit that day.