The building of the palace, prior to Uzbek independence, lacked funding for many years and was in a state of "long-term construction".

On March 30, 1993, by resolution of the Cabinet of Ministers of Uzbekistan, it was decided to name the new Palace "Turkiston".

[1] In January 2004, the palace was placed under the jurisdiction of the Tashkent City Administration, and in February 2017, the Palace was transferred to the Ministry of Culture by order of President Shavkat Mirziyoyev.

[2] It is the main venue for various public events including state holidays.

Also, the embassies of many foreign countries hold national and cultural events, conferences, exhibitions, and contests in the palace.