Turkey recently experienced a notable advancement with the awarding of its vehicle inspection services contract to a different operator. Formerly under TÜVTÜRK until 2027, the MOI Consortium—composed of global powerhouse Opus and Met-Gün Group—clinched the contract for the period between 2027-2047. This substantial tender, assessed at $1.72 billion, stands as one of the largest economic infusions Turkey has welcomed in the past two decades.
📢 The Triumphant Consortium and Tender Details
Turkey's Privatization Administration launched the tender to privatize vehicle inspection services, utilizing this auction to appoint controllers for the upcoming 20 years. The chosen MOI Consortium includes prominent industry leaders like Opus, Met-Gün İnşaat, Itversia Gestion S.L., and VTV Norte SA. Combined, they form a potent alliance with vast international vehicle inspection expertise. The outcome of the tender signifies a noteworthy benefit for the Treasury, offering an extra $1.19 billion over the preceding 2007 agreement, which was finalized in two stages at $830 million and $890 million, respectively.
🌍 A Competitive Arena and Final Results
A Thrilling Contest: Domestic and International Contenders
The tender drew both domestic and international consortia, featuring participants from notable firms in Germany, the UK, and the US. Doğuş Group, once allied with TÜV SÜD, adopted a novel strategy by joining separate consortia. Despite a competitive edge initially, Doğuş Tem Group eventually withdrew, leaving AGTT Consortium and MOI to vie for the primary regions, with the latter prevailing.
Strategic Bidding and Key Decisions
First Region Tender:
Doğuş Tem Group's highest offer reached $805 million prior to withdrawal.
AGTT Consortium closed with an offer at $825 million.
MOI secured the region with a surprising bid of $830 million.
Second Region Tender:
Following the first, Doğuş Tem Group halted after offering $810 million.
AGTT hesitated but finally offered $884 million.
MOI achieved victory with an $890 million bid.
Opus Group: A Global Powerhouse and Trusted Partner
The MOI Consortium's triumph is the result of the collaboration between US-based Opus, Spain’s Itversia Gestion, Argentina’s VTV Norte SA, and Turkey’s Met-Gün Group. Opus, commanding dominance in the US—encompassing 80% of the market—and engaging across four continents, partners with local entities like Met-Gün to integrate their comprehensive vehicle inspections and smart support services into Turkey.
Alfredo Granai, Opus Group’s Latin America President, conveyed enthusiasm about entering this vibrant market, emphasizing a synergistic alliance with Met-Gün Group, which amalgamates a shared pool of expertise enriched by both local and global perspectives.
Met-Gün Group's Enduring Success and Prospective Ventures
Met-Gün Group, a key player for the last 38 years, influences sectors like energy, tourism, manufacturing, and construction. With an emphasis on quality and ethical standards, Met-Gün has engaged in notable infrastructure projects and broadened its impact into renewable energies, including wind and solar. Further, its expansion into the tourism sector positions Met-Gün as a vanguard of innovative entrepreneurship. Looking ahead, the group plans a new fertilizer plant, reinforcing its varied business portfolio and highlighting its significant role in delivering essential aid within Turkey and Spain, greatly benefiting local communities.