Investment opportunities in development of smart cities was discussed at an Investors' meeting in New Delhi today. It was organized by Confederation of Indian Industry and attended by Ambassadors and officials from several countries, global investing firms, city and State officials and experts. The CII presented investment opportunities to the tune of 7 billion dollars under Smart City Plans of 20 cities announced after the round of competition.<br/><br/>Speaking on the occasion, Minister of Urban Development M.Venkaiah Naidu said the winners of Fast Track Smart City Competition held for 23 cities from as many States will be announced soon. He said people are very enthusiastic about development of smart cities enabling a right climate for investments. The Minister said they are willing to pay for assured and quality services which needs to be harnessed through innovative financing models.