Bangladesh Bank tightens boiler import rules with prior approval requirement

Bangladesh Bank has made prior approval from the chief
inspector of Boilers mandatory for the import of boilers and boiler components,
in line with a directive from the Ministry of Industries.
The central bank's Foreign Exchange
Policy Department issued a notification yesterday (14 July), instructing
authorised dealer (AD) branches of all banks engaged in foreign exchange
transactions to comply with the new requirement.
The notification said the fresh
directive follows a memo issued by the Boiler Wing of the Ministry of
Industries on 28 June, 2026, and has been made effective for all boiler and
boiler component imports accordingly.
According to the notification, boiler manufacturers must complete construction
within a maximum of 12 months from the date of drawing and design approval.
Manufacturers must also hand over
all documents and certificates required for registration to the buying entity
after supply or sale of a boiler, and must inform the chief inspector of
Boilers in writing of the buyer's name and address.
The directive further requires that
occupational health and safety of factory workers be ensured, with all relevant
provisions of existing labour law to be followed.
Under the new instructions, prior
approval from the chief inspector of Boilers must be obtained through a
prescribed application form before any import of boilers or boiler components.
On receipt of an application, a designated officer will verify the necessary
documents and submit a report to the Chief Inspector, who will grant or reject
the import approval after reviewing the report.
If approved, the deputy chief
inspector of Boilers will issue the approval letter.
If an application is rejected, the
applicant must be informed in writing of the reasons within seven working days,
after which they may reapply upon rectifying the deficiencies and paying the
requisite fee.
The notification added that the
concerned authority may also inspect a manufacturer's factory or production
process, if required, to ensure the quality of boilers.
















