THE NATIONAL TRANSPORT CORPORATION
The National Transport Corporation (NTC) has been set up in the early 1980s to operate public transport services in the island. From modest beginning, after taking over the assets of ex-Vacoas Transport Co. Ltd, NTC has grown into a major transport institution.
The National Transport Corporation, a parastatal body, was created by Act of Parliament on the 24 April 1979. It started operations on 12 March 1980.
The objectives of the Corporation shall be to establish and operate public transport services and any other ancillary service in any part of Mauritius.
The National Transport Corporation has during these past twenty-two years grown into the single largest Bus Fleet Operator of the island.
FLEET: 525 Buses
BUS ROUTES: 65 (carrying some 210,00 Passengers daily)
DEPOTS: Bonne Terre, Vacoas, (Head Office)
Remy Ollier, Vacoas
Pointe aux Sables
Rivière du Rempart
MAN POWER: 2,800 Employees
GOVT. SHARE CAPITAL: Rs 50 Million
FIXED ASSETS VALUE: Rs 450 Million (at cost)
ANNUAL TURNOVER: RS 550 Million
The Corporation recently purchased 58 Buses – 25 buses on the local market through self financed funds (Rs 30M) and 33 Buses under Indian Line of Credit (Rs 56M). Eco-friendly buses with EURO 1 Engines and Air Extractors have been introduced plus 10 Air-conditioned and 5 City Buses .
RETREAD PLANT: Commercialisation of Retread Plant - Tyres from private individual firms and parastatals being retreaded.
ADVERTISING ON BUSES: New advertising concept on NTC Buses introduced.
TRAINING: Ten young graduates following one year training at NTC.
NEW ELECTRONIC TIM: New Electronic Ticketing Machines being introduced on trial basis.
RETIREMENT SAVINGS SCHEME: A Retirement Scheme has been introduced for
NRB Employees as from July 2002.
NEW DEPOT: New Depot to the tune of over Rs 30 M is being constructed at Rivière du Rempart.
NEW BUSES: NTC proposes to purchase another batch of sixty buses.
LADY CONDUTORS: Innovative recruitment of thirteen lady conductors.
As from 1st November 2002, the
NTC has introduced a new service: Park and Ride.
With a view to further improve public transport, the Government has decided to corporatise the NTC. Such a set up would foster the adoption of modern management practices and would induce greater managerial accountability. Moreover, the Corporation will then operate along commercial lines with explicit profit objectives and hence be more responsive to competition and changes in the market. In the process, 5% of the stated capital of the new company will be allocated to workers thus ensuring more employee participation.