Diana died in a car accident in Paris in 1997. This August will mark the 20th anniversary of her tragic passing.
The Duke and Duchess of Cambridge will engage in a series of official events, including a reception for young French leaders and a formal dinner at the residence of Her Majesty’s Ambassador, the Palace announced on Monday.
The couple will also attend the Wales vs. France rugby match at the Stade de France.
The proud parents have not said whether or not their two children, Prince George and Princess Charlotte, will be joining them on the trip.
"It has been 20 years since our mother's death and the time is right to recognise her positive impact in the UK and around the world with a permanent statue," the Princes said in a statement. "Our mother touched so many lives. We hope the statue will help all those who visit Kensington Palace to reflect on her life and legacy."