This is the 12345th most frequent French word.
ériger
To erect or establish.
The word "ériger" is used here to mean "to build or raise," specifically in the context of construction or the creation of a monument.
Ils ont érigé une statue en l'honneur du héros.
They erected a statue in honor of the hero.
"Ériger" here means "to establish," used metaphorically to describe the creation of an abstract concept such as a system or structure.
Le groupe voulait ériger un nouvel ordre social.
The group wanted to establish a new social order.
Usage of "érigeant" (the present participle of "ériger") here signifies the act of implementing or instituting.