Williams launched the party in Woodford Square in 1955 as a citizens' movement, renaming the square the "University of Woodford Square." It has remained a special place for the party.
Williams was a very private individual and had always said he did not want any monuments bearing his name. Despite that the Trinidad and Tobago governments has named two institutions in honour of Williams - the Eric Williams Medical Sciences Complex at Mount Hope and the Eric Williams Financial Complex in Port of Spain.
Lee Sing told reporters it is important or the younger generation to have a link to the past.
“I believe in putting a statue with the appropriate panel of information, people who come to POS and visit Woodford Square will understand the tremendous contribution this patriot, this brilliant son of Trinidad and Tobago made to develop our society to what we are today," the Mayor said.
He added, "People do not know it. Some wish not to credit him with it, but were it not for Dr Williams, the democracy that we enjoy today would not have been."
Lee Sing did not give details of the cost. However he said he wants the monument ready before next year since 2011 is the 100th birth anniversary of Dr Williams.
The Mayor said the details of the project are still being worked out and added that he hopes to get contributions from the Corporate sector to fund it.
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