India is founding member and the second-largest shareholder in the China-backed AIIB
AIIB will construct & upgrade district and farm-to-market access roads to 4,000 villages in Gujarat
Till now, AIIB have 80 members along with recent addition of Argentina, Madagascar, Tonga
AIIB aims to promote economic development of the region by supporting infra projects
AIIB has been using temporary offices on downtown Beijing's Financial Street since beginning operations in January
The AIIB was officially established late last year with 57 founding members
The four loans total $509 million, with three of them co-financed with other multilateral development banks
With 57 founding member countries, $100 billion in committed capital, it plans to invest in projects across the region
Asked whether any projects have been identified for financing in India, Jaitley told media here he will speak on the subject on Saturday
On his visit, he would also participate in the eighth India-China Financial Dialogue
This will be his first visit to China after he took over as Finance Minister
Despite the opposition of Washington, many major US allies - Australia, Britain and Germany - have joined