62/2022[14] (Peraturan Presiden Nomor 62 Tahun 2022 tentang Otorita Ibu Kota Nusantara) was enacted as the founding document of the Authority, though the regulation itself was backdated to 18 April 2022.

[18] President-elect Prabowo Subianto expected to allocate 16 trillion rupiahs annually for the Authority during his presidency and will be so for the next 30 years by his successors.

He expected during his presidency and 30 years in the future, foreign and domestic investment gradually will replace government spending in IKN development.

In 2019 during the Widodo Administration, the plan to seriously move the center of power was put forward and announced to the public in a televised speech.

[21] During the annual 16 August address in 2019, in the presence of the People's Consultative Assembly, the president then officially inquired the two houses of the legislature for their support in the new capital initiative.

[23] All factions in the house supported the passing of the bill into law except PKS, who questioned the necessity of moving the national capital in the middle of COVID-19 Pandemic.

Meanwhile, the formation of the Authority, the appointment of officials, and the transfer of assets and personnel to Nusantara will happen following the issuance of relevant regulations.

[25][26] Four people were reported to have "higher probability" for the candidate:[27] In addition, on 20 January 2022 President Widodo expressed his intention to set an architect and had experience in regional managing and governing as future CEO of the Authority.

[28] On 29 January 2022, the ruling party PDI-P, officially endorsed Basuki Tjahaja Purnama as candidate of the future CEO of Nusantara.

[36] At the same time from Joko Widodo announcement, a new name was leaked to the press from unnamed officials that Bambang Susantono, former Vice Minister of Transportation during Second United Indonesia Cabinet (2009-2014) and the Vice President for Knowledge Management and Sustainable Development of the Asian Development Bank became the strongest possible candidate for the office holder.

[37][38][39] Reportedly Bambang Susantono who was the second choice candidate became front runner, after the first, Basuki Tjahaja Purnama turned down the offer from Joko Widodo.

The Inter-ministerial Transition Team is tasked to provide support for the acceleration of preparation, development, and relocation of the State Capital.

The appointment require prior consultation with the People's Representative Council, despite the office of Deputy Head is not a cabinet-level official.

Indonesian political scientists fear that with such large power given by the agency and the executives will lead into formation of "local autocracy" within Indonesia democracy.