"I've taken a team to the Peace Cup before and it is a great honour for us to be invited to participate in such a prestigious tournament in what is obviously a fabulous stadium," O'Neill told safc.com.
"I've never taken a team to play in the Far East. I went to Japan to see the World Cup Final in 2002 but I've never been to South Korea so I'm really looking forward to it.
"I don't know much about the K-League so for me the trip to South Korea will be a fact-finding opportunity. South Korea has gained great prominence in recent years with the national team doing so splendidly in the World Cup in recent times."