FRACKSON SAKALA

GILBERT, AZ (USA)
Role(s):
Founder/Owner/Principal

Oasis International Corporation

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Location: GILBERT
Industry: Real Estate
Year Founded: 2014
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: "C" Corporation
Description: The Company Oasis International Luxury Apartments is a startup residential real estate development company incorporated in Arizona, United States. The mission of Oasis International Luxury Apartments is to provide affordable luxury apartment accommodation at competitive rates. The company is family owned seeking investment capital to build luxury apartment communities in Lusaka, Zambia for the burgeoning middle class and upper class demographics. These state-of-the-art apartment units will balance safety, cutting edge features, and a positive atmosphere for all residents. Oasis International Luxury Apartments is a company that prides in providing unmatched levels of customer service and attention. Sales are projected to be substantial in year one and growing steadily through the third year. The Market Zambia’s economy is now attracting the attention of investors from all over the world as a result of the favorable political and socio economic environment which has enabled the country to record positive and significant growth in the last decade. Zambia's economic performance in the medium term is expected to remain strong. According to the Economist Intelligence Unit real GDP growth is projected to increase to 7.1% and 7.4% in 2014 and 2015, respectively. Infrastructure investment, especially in mining, power generation and roads, with the Link 8000 roads project, will ensure that growth remains robust. Unemployment rate is projected to drop to 7.5% from the current 15% while GDP per Capita is projected to rise to 1272 ZMK from the current 825 ZMK by 2020. The positive economic trends in Zambia have given rise to business opportunities in a strong rental housing market. Taking advantage of positive economic outlook in Zambia Oasis International Luxury Apartments will target three distinct customer segments. The largest target segment is the expatriate staff. This segment is growing at 5% a year with 2,000 prospective customers. This segment is especially attractive since most of the local rental properties that are geared toward expatriate staff are poor quality units and lack the amenities international staffs are accustomed to. The second market segment is local professionals who are increasing at 8% with 10,000 potential clients. The third segment is faculty and staff of Universities. This section has a 2% growth rate and 500 potential customers. It is projected that in five years’ time, the demand for housing by this segment will have an increasing impact on the market as the middle class takes on new jobs and their disposable incomes grow.