''Compagnie de Transports au Maroc'' (or CTM) is a

transport Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipelin ...

company A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared ...

Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to A ...

. It was established in November 1919 and is thus the oldest Moroccan

public transport Public transport (also known as public transportation, public transit, mass transit, or simply transit) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport, typi ...

company.

History

The idea for CTM originated during Sultan Abd al-Hafid's visit France in August 1912, with General

Hubert Lyautey Louis Hubert Gonzalve Lyautey (17 November 1854 – 27 July 1934) was a French Army general and colonial administrator. After serving in Indochina and Madagascar, he became the first French Resident-General in Morocco from 1912 to 1925. Early in ...

personally supervising the trip. The Moroccan sultan spent time in the resort town of

Vichy Vichy (, ; ; oc, Vichèi, link=no, ) is a city in the Allier department in the Auvergne-Rhône-Alpes region of central France, in the historic province of Bourbonnais. It is a spa and resort town and in World War II was the capital of ...

, where Jean Epinat owned a number or transport companies. On November 8, 1919, Sultan Abd al-Hafid passed a dhahir 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. At the beginning, the vehicles used by CTM were repurposed

World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...

military vehicles. Second class passengers rode on the roofs of these vehicles. As a collaborator with the French colonial regime,

Thami El Glaoui Thami El Glaoui ( ar, التهامي الكلاوي; 1879–23 January 1956) was the Pasha of Marrakesh from 1912 to 1956. His family name was el Mezouari, from a title given an ancestor by Ismail Ibn Sharif in 1700, while El Glaoui refers to hi ...

was a major shareholder in CTM. The company began as a

private company A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

before being sold to the Moroccan government after

independence Independence is a condition of a person, nation, country, or state in which residents and population, or some portion thereof, exercise self-government, and usually sovereignty, over its territory. The opposite of independence is the stat ...

in 1956. In 1993, under the campaign of

privatisation Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

, the company was floated on the

Casablanca Stock Exchange The Casablanca Stock Exchange ( ar, بورصة الدار البيضاء; french: La Bourse de Casablanca) is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region ...

Corporate information

The company's president is Ezzoubaïr Errhaimini. In 2009, CTM's revenue totaled 406 million dirhams. 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 Als

Currently CTM serves over 100 domestic destinations and more than 80 international destinations in Spain, France, Belgium, Italy, Germany and the Netherland

References

External links

Compagnie de Transports au Maroc —CTM website
Transport companies of Morocco Public transport operators Companies based in Casablanca Transport companies established in 1919 1919 establishments in Morocco {{Africa-company-stub