Crossroads Asia | Politics | Central Asia

Another New Job for Saida Mirziyoyeva: Manager of the Tashkent International Financial Center

The daughter of the Uzbek president is head of the presidential administration and now also manager of Tashkent’s ambitious gambit to attract foreign investors. 

Saida Mirziyoyeva has another new job. By presidential decree – that is, by order of her own father, President Shavkat Mirziyoyev, whose administration she heads – Mirziyoyeva has been appointed manager of the Tashkent International Financial Center (TIFC). 

The TIFC was proposed in a March 2026 presidential decree as part of an effort to bring in long-term foreign direct investment. The financial center aims to attract investors in a range of industries from banking, investment, and insurance services to digital assets, Islamic finance, and green tech, in addition to professional services like auditing, legal counsel, and fintech. 

Signed into law in July, the TIFC will operate under a special legal regime, based on English law, with a unique regulatory framework and an independent commercial court.  With this arrangement, Uzbekistan seeks to address long-standing concerns foreign investors have had by carving out a legal space that isn’t governed strictly by Uzbek law.

In pursuit of attracting foreign investors, those engaged in the TIFC will reportedly be able to hire foreigners without obtaining the usually required work permits and take advantage of special entry visa options. They will be allowed use foreign currency or cryptocurrency for payments and other monetary obligations and will benefit from tax and customs breaks until 2076.

In announcing the signing of the law in July by Mirziyoyev, Mirziyoyeva said on social media, “This is one of the most important pieces of economic news of the year and the result of reforms that we pursued for almost ten years.” She went on to argue that the TIFC’s special structures “are the mechanisms to which global investors, banks, investment funds and international financial companies are accustomed. This new regulatory ecosystem should make the country more attractive for capital, modern financial services and major international projects.”

According to a Telegram statement posted by presidential........

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