JCD-NIMZ is a unique public-private partnership between IDCO and Industries supported by Government of India & Government of Orissa. JCD-NIMZ has been formed with the objective of undertaking infrastructure development of Steel & Metallurgical Cluster, Jajpur under Industrial Infrastructure Up-gradation Scheme of the Department of Industrial Policy & Promotion, Government of India.
JCD-NIMZ was incorporated on 9.3.2004 as 100% IDCO owned. Pursuant to the restructuring proposal approved by the Industries Department, Government of Orissa vide their letter vide No. 22474 dated 24.12.2004, Kalinganagar Industries Association (KIA), an Association of industries in the Kalinganagar Industrial Complex. Jajpur has subscribed to the equity capital of JCD-NIMZ. Now, KIA holds 51% equity capital in JCD-NIMZ whereas the equity held by IDCO is 49%.
Government of Orissa have also nominated the following Directors in JCD-NIMZ vide notification No. dated of the Industries Department.
| 1 | D. Prasanth Kumar Reddy, IAS Managing Director, IDCO | Chairman | IDCO Representative |
| 2 | Director of Industries, Odisha, Cuttack | Director | Nominee of Government of Odisha |
| 3 | Collector & DM, Jajpur | Director | Nominee of Government of Odisha |
| 4 | Dr. Ashish Kumar Senior Development Officer, DIPP | Director | Nominee of Government of India |
| 5 | Ajay Kumar Sahu, Divisional Head, IDCO | Director | Nominee of IDCO |
| 6 | Shri P.L. Kandoi M/s.KJ Ispat Limited | Director | President Kalinga Nagar Industries Association |
| 7 | Shri Manoj Kumar M/s. VISA Industries Limited | Director | Representative of Kalinga Nagar Industries Association |
| 8 | Shri B. N. Pradhan M/s. Pradhan Industries Pvt. Limited | Director | Representative of Kalinga Nagar Industries Association |
| 9 | Alex Thomas Jindal Stainless Limited | Director | Representative of Kalinga Nagar Industries Association |
| 10 | Shri D. V. Choudhury M/s. Maithan Ispat Limited | Director | Representative of Kalinga Nagar Industries Association |
| 11 | Shri Rajiv Kumar M/s. Tata Steel Limited | Director | Representative of Kalinga Nagar Industries Association |