Nevertheless, according to state news agency KCNA, the North has no intention of meeting USA officials during the Games - but did not rule it out either.
Also, the two countries have never had a unified team in any sport at the Olympics before.
Pyongyang notified Seoul that Kim Yo-jong, an increasingly prominent figure in the country's leadership herself, will accompany Kim Yong-nam, North Korea's nominal head of state, the South's Unification Ministry said.
"President Moon will meet North Korea's high-level delegation on [Feb.] 10 and have lunch with them", said Blue House Spokesman Kim Eui-kyeom in a televised briefing. The delegation will stay in South Korea from February 9 to 11.
Cho's statement also warned the US delegation to watch their words and actions, in reference to Pence's vowed to counter North Korea's efforts to "hijack" the Olympics.
Neither Kim Yo Jong nor Kim Yong Nam are among the North Korean officials blacklisted under United Nations sanctions over the North's weapons programmes, but the US Treasury Department past year included Kim Yo Jong on its list of blacklisted officials over her position as vice director of the ruling Workers' Party's Propaganda and Agitation Department.
"There are no plans to meet with any North Korean officials during or after the Olympics; I want to be clear about that".
US Vice-President Mike Pence will also be attending the opening ceremony in Pyeongchang on Friday, saying he wanted to "make sure North Korea doesn't use the powerful symbolism in the backdrop of the [Games] to paper over the truth about their regime".
The move by North Korea might not go down well with the United States as the country's delegation to South Korea is led by Vice President Mike Pence. She is responsible for the propaganda activity of the ruling party. After her elevation, the US Treasury Department had reportedly included her on the list of blacklisted officials of North Korea.
Joseph Bermudez, author of the study and an imagery analyst for the 38 North website, which is run by the US-Korea Institute at Johns Hopkins University, said the base at Yonbong-ni will be the closest to the border and is set to be finished next year.