Dhaka: The massive fire that devastated a cargo complex at Dhaka’s Hazrat Shahjalal International Airport two days ago has caused monumental losses to Bangladesh’s garment exporters.

The deadly blaze which erupted the cargo import area of Bangladesh’s biggest airport on Saturday afternoon reduced to ashes large areas where huge quantities of imported raw materials, finished garments and vital product samples were stored. ADVERTISEMENT

Coming as it did during the peak export season, Bangladesh’s business leaders fear that the losses could be to the tune of USD 1 billion.

“It’s a devastating sight. The entire import section has been reduced to ashes,” Faisal Samad, director of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), was quoted as saying by Al Jazeera.

Among

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