According to 2010 Estimate of the National Expenditure, "the foundation of the dam have been laid, and a volume of 180 000 cubic meters out of an expected 940 000 cubic meters of concrete had been placed in December 2009. The Department was expecting the total cost of the Olifants River water resource development project to amount to R13.7 billion over the project lifecycle. Of these costs, R8.3 billion would be funded from the fiscus and R5.4 billion from off budget funding. The overall De Hoop Dam project was expected to be complete by 2012/13".