Airport inferno could cost Bangladesh $1bn in damages - experts

  20 October 2025    Read: 741
Airport inferno could cost Bangladesh $1bn in damages - experts

Business leaders in Bangladesh fear losses of more than $1bn (£750m) after a devastating fire broke out in the logistics section of the country's main airport on Saturday.

Clothes and raw materials were among the goods destroyed, which could put some businesses at risk, according to the country's export associations.

The cause of the fire - which took 27 hours to extinguish - is still being investigated. The blaze had forced the temporary suspension of flights and airport operations.

Bangladesh is the word's second-largest exporter of clothes after China, supplying global retailers like H&M and Walmart.

Bangladesh's garment sector generates around $40bn a year, accounting for over a tenth of its gross domestic product.

Local media reports say around 35 people were injured while working to contain the blaze.

The damaged airport cargo village is among the country's busiest logistics hubs, especially during the pre-Christmas rush. The centre stored fabrics, pharmaceuticals, chemicals and other goods.

Some of the goods destroyed were "essential" samples for securing new buyers, which means affected businesses could lose out on future opportunities, Inamul Haq Khan, senior vice-president of the Bangladesh Garment Manufactuers and Exporters Association, told reporters yesterday.

In an email to the BBC, the International Air Express Association of Bangladesh also estimated damages of more than $1bn.

 

BBC


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