Motorway Operation and Rehabilitation Engineering Private Limited (MORE)

In April 2014, MORE was incorporated as a private limited company as per Security and Exchange Commission of Pakistan (SECP) regulations. MORE, a Special Purpose Vehicle Company (SPVC) has its registered office in Rawalpindi, Punjab. MORE is a wholly-owned subsidiary of FWO. The company is formed for the purpose of overlay and modernization of Motorway M-2. The Project was awarded to MORE by NHA in the year 2014 under the PPP regime on BOT basis. The company has entered into a Concession Agreement with NHA for a concession period of 20 years i.e. upto April 2034.



Mission Statement

MORE, as subsidiary company of FWO undertakes all such functions which ensure timely and cost effective fulfillment of the company’s obligations as concessionaire of  Lahore – Islamabad Motorway M-2 Project with no legal, financial, and corporate implications against the project interest.

CEO Message

"I feel confident that MORE remains on course while moving into the realm of becoming Pakistan’s leading road network operations, maintenance and business management organization. Over the last eight years, we have maintained a leading position in a competitive national market. This has been made possible by our entrepreneurial spirit, living up to commitments and relentless support of our stakeholders, in line with the motto “Sustaining Excellence” of our parent organization FWO.
Every organization needs to reinvent itself to meet changing market dynamics and we at MORE are going through the same phase. This will help reinforce us to be better prepared for the changing environment by re-examining all our current processes. In doing so, we look at the challenges that arise as opportunities to achieve continuous improvement.
Today, strong economy is the first and foremost hallmark of any nation. The corporate environment demands strict governance. This factor becomes more pronounced in case of organizations like MORE. MORE has been able to establish an enviable reputation and has successfully captured an increasing market share in business industry of Pakistan.
I have always been a strong believer in faith and expect our next generation and the generations after to strive positively in the direction of modernization and expansion with the primary focus on hard work. MORE looks forward towards betterment, helpfulness and progress with a tool of exploring advance methodologies to make our commuter’s travel on Motorway M-2 comfortable and memorable. "

Board of Directors

The Board of Directors of MORE (Pvt) Ltd shall comprise of four directors and shall be nominated by FWO as wholly owned parent company.

Mr. Kamal Azfar

Chairman

Mr. Aakif Rahim Jaspal

Chief Executive Officer

Mr. Waqar Hafeez Abbasi

Director

Mr. Tariq Hussain Murredi

Independent Director