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The Suna & İnan Kıraç Research Institute on Mediterranean Civilizations was inaugurated on 18th May 1996 after the restorations of two buildings situated on an insula in Antalya's Old City, – namely Kaleiçi – an area under protection as an “archaeological and urban asset”, acquired by Suna & İnan Kıraç were completed. Later in 1999 it became a larger complex with the integration of a restored adjacent old mansion of historic value.

The Suna & İnan Kıraç Research Institute on Mediterranean Civilizations, within the Vehbi Koç Foundation, is an international cultural institution chartered to encourage and support researches to study, document, protect, and restore the historical, archaeological, ethnographical and cultural assets of Antalya and her environs; and to elucidate the region's deep-rooted relations with the Mediterranean region. As an institute living with cultural and artistic activities, it is also among its goals to contribute to the domains of sciences, culture and art.

Today, the Institute is resident in three buildings. The first one serving as the library is a late example of traditional two-story Turkish houses in “L” form with an exterior sofa. Then almost all in ruins, it was reconstructed according to the prerequisites of contemporary architecture for libraries and finished in a style harmonious with the traditional architecture of the Old City. The upper floor now holds Reading Rooms with a Rare Books and Periodicals Section and offices while the ground floor houses the Main Library, the Administrative Office and a cafeteria. The new annex has an auditorium downstairs and an exhibition hall upstairs.

The Institute's collection of rare books getting richer day by day; its library on antiquity with emphasis on the specific geography of the region developing as per requests by researchers; its archives of documents, photographs and transparencies are available for use by Turkish and foreign researchers and scholars. Within the frame of the annual schedules various cultural activities such as exhibitions, concerts, lectures, symposia, seminars, and archaeological film festivals are held. The Institute is also fulfilling an important function with its academic monographs in addition to two annual periodicals – ADALYA, an internationally cited academic journal covering Antalya region and Mediterranean Anatolia, and ANMED, presenting the preliminary results of surveys and excavations in the region. The Institute also provides bursaries to graduate students and financial support to excavation, restoration and survey projects and scientific studies.