 | |
| Company type | Private |
|---|---|
| Industry | Transport, Travel |
| Founded | 1919 |
| Headquarters | Casablanca |
Area served | Morocco |
| Services | Intercity bus service |
| Website | www |
Compagnie de Transports au Maroc (or CTM) is a transport company in Morocco. It was established in November 1919[1] and is thus the oldest Moroccan public transport company.
History
The idea for CTM originated during Sultan Abd al-Hafid's visit to France in August 1912, with General Hubert Lyautey personally supervising the trip. The Moroccan sultan spent time in the resort town of Vichy, where Jean Epinat owned a number or transport companies.
On November 8, 1919, Sultan Abd al-Hafid passed a dahir sanctioning the establishment of the transportation company.
La Compagnie de Transports au Maroc was founded November 30, 1919 with the goal of accessing "all of Morocco." Its services ran along a new colonial road system planned with the aim of linking all major towns and cities.[2]
At the beginning, the vehicles used by CTM were repurposed World War I military vehicles. Second class passengers rode on the roofs of these vehicles.
As a collaborator with the French colonial regime, Thami El Glaoui was a major shareholder in CTM.[3]
The company began as a private company before being sold to the Moroccan government after independence in 1956. In 1993, under the campaign of privatisation in Morocco, the company was floated on the Casablanca Stock Exchange
Corporate information
The company's president is Ezzoubaïr Errhaimini. In 2009, CTM's revenue totaled 406 million dirhams.[4]
CTM's European partners include Eurolines Belgium (Epervier), Eurolines France S.A, Deutsch Touring, SITA, Sadem, Lazzi (Eurolines Italy), CLP, Julia (Eurolines Spain), Linebus and Alsa.[1] Archived 2007-10-12 at the Wayback Machine Currently CTM serves over 100 domestic destinations and more than 80 international destinations in Spain, France, Belgium, Italy, Germany and the Netherlands.
References
- ^ "Au fil du temps". CTM. 2010. Retrieved 2010-05-07.[permanent dead link]
- ^ Miller, Susan Gilson (2013-04-08). A History of Modern Morocco. Cambridge University Press. p. 112. ISBN 9781139619110.
- ^ "La véritable histoire de Thami El Glaoui". Zamane (in French). 2012-11-02. Retrieved 2019-07-10.
- ^ "Communiqué financier de l'excercise 2009" (PDF). CTM. 2010. Retrieved 2010-05-07.[dead link]
External links
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This page was last edited on 24 January 2024, at 03:14