Business leaders in Bangladesh fear economic losses exceeding $1 billion following a devastating fire that engulfed the logistics section of the country’s main airport on Saturday. The blaze, which took 27 hours to extinguish, destroyed garments, fabrics, and raw materials key components of the nation’s thriving export industry.
Bangladesh, the world’s second-largest exporter of clothing after China, supplies major global retailers such as H&M and Walmart. The garment industry is the backbone of its economy, generating around $40 billion annually and accounting for more than 10% of the nation’s GDP.
The fire forced a temporary suspension of airport operations and flights, further disrupting supply chains. According to local media, 35 people were injured while working to contain the blaze.
The affected cargo village is one of Bangladesh’s busiest logistics hubs, especially crucial during the pre-Christmas export rush. Among the destroyed goods were not only finished garments but also essential product samples used to secure new buyers. “Losing these samples could mean losing future orders,” said Inamul Haq Khan, senior vice-president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
The International Air Express Association of Bangladesh also estimated damages could surpass $1 billion. The BGMEA has requested all members to submit reports of destroyed goods to determine the total financial loss.
This airport blaze marks the third major fire in a week, following a deadly warehouse fire that killed 16 people on Tuesday and a factory blaze in Chittagong on Thursday.
While investigations continue, online speculation has linked the incidents, suggesting possible sabotage. The interim government has pledged “firm action” if evidence of arson is found.
Frequent large-scale fires in Bangladesh are often blamed on poor infrastructure and weak safety enforcement, underscoring an urgent need for stronger safety measures across industries.
