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
ie.
upto
April
2034.
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.
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.
| 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.