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

The recent fire incident at an airport in Dhaka, Bangladesh, has caused significant damage, with experts estimating the potential cost to be around $1 billion. The blaze occurred at a crucial logistics center that stored clothing and other goods, highlighting the importance of the facility for the country's economy. The fire, which broke out on Wednesday, has been described as one of the largest in the nation's history. Firefighters battled the flames for several hours before bringing the situation under control. No casualties have been reported, but the extent of the material and financial losses is still being assessed. The airport is a critical hub for Bangladesh's thriving garment industry, which accounts for a significant portion of the country's GDP and exports. The disruption to operations at the facility is expected to have far-reaching consequences, potentially impacting the supply chain and production processes of many businesses in the region. Experts emphasize the need for a thorough investigation into the cause of the fire and the implementation of robust safety measures to prevent such incidents from occurring in the future, given the importance of the facility to the national economy.