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Business & Economy

Prior-approval requirement suspended for boiler imports, central bank tells banks

Bangladesh Bank has told authorised dealer banks to follow the decision suspending prior approval for boiler imports. The 18 October circular cites difficulties obtaining manufacturers’ drawings before purchase orders. The suspension concerns this approval step under the Boiler Rules 2025.

From 19 October 2026 — Daily Brief

19 OCT 2026 · 14/25

Importers will no longer need prior approval from the Chief Inspector of Boilers before bringing boilers into Bangladesh under a suspension communicated to banks on Sunday, 18 October.

Bangladesh Bank issued the instruction to authorised dealer banks, forwarding an Industries Ministry decision intended to simplify the import process. The earlier requirement covered boilers and boiler components.

Documents attached to the circular explain a practical obstacle: manufacturers were reluctant to supply construction drawings and designs before receiving purchase orders. Importers therefore struggled to submit those documents to the inspector’s office before arranging imports.

The Boiler Board recommended suspending the prior-approval process at its fifth meeting. The central bank’s latest circular tells the banking system to act on that decision.

The approval requirement had been introduced under the Boiler Rules 2025, within the framework of the Boiler Act 2022.

The suspension applies to the approval stage before import. The circular does not give an end date.

Business & Economy

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Business & Economy

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Business & Economy

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Business & Economy

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Business & Economy

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