Prior to his appointment, Kasimkhodjayev worked as an adviser to the Minister of Public Education on attracting investments and grants, the rector of the Tashkent International University of Education, the first deputy chairman of the State Committee for Tourism Development, and also held senior positions in various foreign companies.

The functions and tasks of the Agency include participation in the implementation of a unified state investment policy aimed at attracting foreign investment into the national economy, creating favorable conditions for foreign investors, taking into account the economic, social and environmental interests of the country, providing information and legal support to foreign investors implementing projects in Uzbekistan.