She says the city will act as a gateway for shipping goods to Asia, as it has the advantage of being days closer than anywhere else on the West Coast.
The Port of Prince Rupert and CN Rail will also be contributing $30 million each to the project.
The RRUC Project involves constructing new tracks and new utility connections as well as road improvements.
Clark says the project will create 570 jobs during its completion and up to 4,000 jobs once finished.
This is the first phase of Clark's "Canada Starts Here" plan, which she says means, "we take in British Columbia what Canada has, the best of this country, and we make it even better."
The job plan has three pillars, including reducing government red tape, having the infrastructure needed to get goods to the markets and knowing what those markets want.
Clark will unveil more details of the job plan as she travels around the province this week.