Lesufi made other key announcements, including the establishment of a state bank and pharmaceutical company.
The event was held in Katlehong on Thursday evening.
The Gauteng government has announced an ambitious plan to extend its rapid rail system into new areas, including Soweto, Fourways, Mamelodi, Atteridgeville, Lanseria and Springs.
Gauteng Premier Panyaza Lesufi, while delivering his first State of the Province Address since being re-elected as premier in July, said the government planned to invest R120 billion in the expansion of the Gautrain network.
The expansion would also create more than 125 000 construction jobs over five years, he said.
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