MKA Economics

We caught up with Mark of MKA Economics for this months Member Insight

MKA Economics is an economic development consultancy which has been doing an increasing amount of work in Moray, the North East and across the Highlands in recent years. The company support projects by appraising their economic viability, socio-economic value and advising on their delivery.

MKA Economics works across sectors and geographies and have a particular specialism in development and regeneration, energy transition, food and drink, ports and harbours, tourism and leisure.

Energy Transition
MKA Economics has led the Socio-economic, Tourism and Recreation Assessment of various energy transition investments, including wind proposals, pumped storage hydro, green hydrogen, anaerobic digestion, solar arrays, battery storage and grid investments.

Strategy Formulation
MKA Economics has led a range of strategy formulation exercises, including developing a new Rural Community Led Vision 2024-2027 for Aberdeenshire and a series of Economic Development Plans (2024-2029) for seven harbours across Aberdeenshire.

Economic Impact
MKA Economics is a leading economic impact specialist, assessing the impact of a range of businesses and investments, and recently this has included PS Waverley, BlackRock, Port of Nigg, Mallaig Harbour, Vault City Brewing, Highland Park, Aberdeen Football Club and Parklands Care Homes.

Please name the main purpose of your business.
We are an independent economic development consultancy that supports the design, development and delivery of projects which promote sustainable economic growth. This includes services such as business planning, economic impact assessments and feasibility studies. Much of our work is to help our client secure funding and/or planning.

What are the benefits to operating in Moray?
We enjoy working in Moray, recently this has included supporting Parklands Care Homes assess their economic value and helping Portgordon Community Trust assess the feasibility of acquiring the local harbour. We always think the ‘can do’ attitude in the North and North East is refreshing, as well as the friendliness and willingness of our clients to work collaboratively on projects which make a change to the community.

How do you connect to your local customers?
Usually through word of mouth, sometimes through tenders and ideally through repeat business.

Why are you part of Moray Chamber of Commerce?
We’re looking to do a lot more in Moray, as well as Aberdeen City and Shire and across to Inverness. Ideally, more of our work will come from this beautiful part of the country.

What are you most proud of?
It’s always good to see projects obtain funding and planning, especially after the hard work that has gone into developing projects which help deliver community aspirations and create jobs, prosperity and general well-being. We’re also proud when clients come back to us on new studies.

Finally, name one misconception that people have about your business.
Very often we get asked about interest rates and the state of the economy, although interested, we prefer microeconomics rather than macroeconomics – and hopefully more Morayonomics in the future.


t: 01786 388 803
e: info@mka-economics.co.uk
w: http://www.mka-economics.co.uk...